Skip to main content

Written question asked by Philippa Whitford (Scottish National Party) on Monday, 27 March 2017, in the House of Commons. It was due for an answer on Thursday, 30 March 2017 (named day). It was answered by Lord Harrington of Watford (Conservative) on Thursday, 30 March 2017 on behalf of the Department for Work and Pensions.


Hewlett-Packard: Pensions

Question

To ask the Secretary of State for Work and Pensions, what discussions he has had with Hewlett Packard on uplifts for the pre-1997 Digital Section of its Defined Benefit pension scheme; and what progress has been made as a result of those discussions.

Answer

I have met senior representatives from the company to present the pensioners’ arguments and make clear my interest in the matter.

However, the company is meeting its legal obligations.

Any increases to pensions in payment are likely to mean significant additional expenditure for any scheme and its sponsoring employer. Therefore, the Government has no plans to require all schemes to pay increases on pre-1997 pensions.


Secondary information

Type
Written question
Reference
69179
Session
2016-17
Subjects
Pensions Hewlett-Packard
Link
View this Written question on www.parliament.uk