Download the full outcome
Detail of outcome
We published the government response to this consultation on 19 March 2018.
The response was also included in the Protecting defined benefit pension schemes white paper published at the same time.
This consultation paper sets out various options for potentially helping the British Steel Pension Scheme as a part of a wider package of government support to do what we can for UK Steel, steel workers and affected localities.
Who this consultation is aimed at
We welcome comments from those who live or work in Port Talbot, work for Tata Steel UK, in the British steel industry more generally or are members of the scheme. In addition we welcome comments from those who are connected with occupational pension schemes or employers paying the Pension Protection Fund levy for schemes that they sponsor, and anyone with a general interest in pensions.
Update – August 2017
On 11 August 2017, The Pensions Regulator approved the separation of Tata Steel UK and British Steel Pension Scheme. The government continues to work closely with the interested parties to ensure the best outcome for pension scheme members. We want to keep all options open while the detail of that is worked through.