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Pensions: Inflation

Asked by Siân BerryGreen PartyDepartment for Work and PensionsTabled Answered 6 March 2025UIN 34539

The question

To ask the Secretary of State for Work and Pensions, pursuant to the Answer of 17 January 2025 to Question 22765 on Pensions: Inflation, whether he has had discussions with American Express.

Answered by Torsten Bell

The Department for Work and Pensions does not hold individual occupational pension scheme data. Discretionary increases in benefits above the statutory minimum and those required by scheme rules are a matter for the scheme sponsor and trustees.

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