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Home Analysis Tough line on GMP equalisation
Tough line on GMP equalisation Print E-mail
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Monday, 01 March 2010 00:00

THE GOVERNMENT PRESENTED defined-benefit (DB) schemes with another problem when Angela Eagle, the Minister for Pensions and the Ageing Society, made a short parliamentary statement1 announcing that all contracted- out schemes must make provision for the equalisation of guaranteed minimum pensions (GMPs). The issue has been bubbling under since the Department for Work and Pensions (DWP) raised the matter in respect of the Pension Protection Fund (PPF).

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