NHS: Pensions

Health written question – answered on 11th March 2009.

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Photo of Steve Webb Steve Webb Shadow Secretary of State for Work and Pensions

To ask the Secretary of State for Health what discretion is available to (a) Ministers and (b) pension scheme trustees in respect of the annual indexation for retired members of the (i) NHS Pension Scheme and (ii) New NHS Pension Scheme; and whether pension payments will fall should the retail price index inflation fall in the 12 month period to the end of September 2009.

Photo of Ann Keen Ann Keen Parliamentary Under-Secretary (Health Services), Department of Health

Current Social Security legislation provides for public service pensions to be adjusted by the same rate as the State Second Pension, and for such adjustments to take place only if there has been an increase in prices over a given period.

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