07 February 2008
Mike O'Brien, the pensions reform minister, has written to all
MPs outlining the Government's plans to introduce several sets of
legislation aimed at improving the Financial Assistance Scheme
(FAS) as quickly as possible.
The first in this series of legislative programmes takes the
form of an amendment to the Pensions Bill which changes the
definition of "qualifying member" to include people whose scheme is
winding-up but who would have received their benefits in full.
Mr O'Brien aims to have all existing scheme wind-up victims'
cases reassessed and paid in arrears by the end of this August.