Department for Work and Pensions written question – answered at on 7 June 2018.
To ask the Secretary of State for Work and Pensions, what estimate she has made of the number of crown guaranteed pension schemes that operate under the pension protection fund; and if she will provide (a) a list of the names of those schemes, (b) details of the crown guarantee liability and (c) the date when those schemes entered that fund.
The Pension Protection Fund (PPF) was set up to pay compensation to members of defined benefit schemes where the sponsoring employer is insolvent and the scheme has insufficient assets to secure pensions at PPF compensation levels of above.
There are no pension schemes in the PPF with a crown guarantee, as the guarantor would be required to make up any shortfall in the event of insolvency.
Yes1 person thinks so
No0 people think not
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