Monday 17 October 2016

Asking for an update on the Pension Protection Fund cap

I asked the Pensions Minister from the Department for Work and Pensions what the Government is doing to protect the pensions of long-serving employees.

Specifically, I asked for an update on when the Government plans to raise the Pension Protection Fund cap after the policy was announced in the Pensions Act 2014.

I was pleased to hear that the long service cap will come into force in April 2017 and look forward to seeing it benefit pensioners in South Basildon and East Thurrock and also the country as a whole.

You can watch our exchange via Parliamentlive.tv in the clip below: