Oral Answers to Questions Debate
Full Debate: Read Full DebateSteve Yemm
Main Page: Steve Yemm (Labour - Mansfield)Department Debates - View all Steve Yemm's debates with the Department for Energy Security & Net Zero
(3 days, 5 hours ago)
Commons ChamberI am intrigued, because question 6 has been transferred. It has even got on to the Order Paper. Why did the Department suddenly find out so late that it has been transferred? I do not think it is good practice, and I hope it will not happen again.
Steve Yemm (Mansfield) (Lab)
The Parliamentary Under-Secretary of State for Energy Security and Net Zero (Chris McDonald)
In the autumn Budget, the Chancellor announced the transfer of the £2.3 billion reserve to members of the British Coal staff superannuation scheme. Almost 40,000 former mineworkers and colliery staff received their first bonus increase before Christmas, with an average uplift of £100 a week, or a one-off £5,500 lump sum for backdated pensions. That is the difference that this Labour Government are making for coalfield communities.
Steve Yemm
On behalf of many former mineworkers in my constituency who have had that pension reserve fund returned, I thank the Minister and his colleagues for supporting coalfield communities like mine. He will also be aware of my letter last month asking about the future sharing arrangements for scheme surpluses for both the mineworkers’ pension scheme and the BCSSS. Will he provide some clarity on how the Government intend to proceed to resolve this final outstanding injustice?
Chris McDonald
I thank my hon. Friend for the leadership that he has shown on this issue in the House, and for his letter last month. I can inform him that I am meeting the trustees of the mineworkers’ pension scheme on 4 February and of the British Coal staff superannuation scheme on 18 February. The focus of both those meetings is how we can deal with surplus sharing for the future, and I am keen for it to be resolved as soon as possible.