ASW: Workplace Pensions

Department for Work and Pensions written question – answered at on 7 September 2022.

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Photo of Liz Saville-Roberts Liz Saville-Roberts Shadow PC Spokesperson (Home Affairs), Shadow PC Spokesperson (Women and Equalities) , Plaid Cymru Westminster Leader, Shadow PC Spokesperson (Justice), Shadow PC Spokesperson (Business, Energy and Industrial Strategy), Shadow PC Spokesperson (Transport), Shadow PC Spokesperson (Attorney General)

To ask the Secretary of State for Work and Pensions, if she will make an assessment of how much (a) Allied Steel and Wire pensioners have received collectively as of 2 September 2022 and since their pension deal was agreed in 2007 and (b) those pensioners would have received collectively as of 2 September 2022 in the even that their pension deal been fully linked to inflation.

Photo of Liz Saville-Roberts Liz Saville-Roberts Shadow PC Spokesperson (Home Affairs), Shadow PC Spokesperson (Women and Equalities) , Plaid Cymru Westminster Leader, Shadow PC Spokesperson (Justice), Shadow PC Spokesperson (Business, Energy and Industrial Strategy), Shadow PC Spokesperson (Transport), Shadow PC Spokesperson (Attorney General)

To ask the Secretary of State for Work and Pensions, if she will make an assessment of the real-terms change in the value of pension payments that were not index linked for Allied Steel and Wire pensioners under the FAS in each of the last five years as a result of inflation.

Photo of Guy Opperman Guy Opperman The Parliamentary Under-Secretary of State for Work and Pensions

The information required to carry out each assessment is not readily available and to obtain it would incur disproportionate costs. The Secretary of State has therefore made no such assessment and does not intend to do so at this stage.

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No9 people think not

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