Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to reform the mineworkers’ pension scheme in line with the 1993 actuarial review.
There are no current plans to review the existing arrangements, agreed between the Government and the Trustees in 1994, on the basis of the 1993 review. The scheme has been working well for all parties. The Government is considering proposals from the Trustees for changes including greater protection of bonuses that have already accrued.