Are you a #BritishSteel pensioner? Simon Clarke MP has written to the head of The Pensions Regulator regarding the recent changes made to the British Steel Pension Scheme by Tata.
Whilst it's critical the scheme remains affordable for the future, it's also very important that the agreement negotiated is fair to pensioners. Under the agreement sanctioned by the regulator, benefits accrued prior to spring 1997 will no longer be indexed against RPI inflation. Simon has asked a series of questions about this and whether there are any intermediate options that could be considered that would still allow some inflation-proofing.