Mineworkers' Pension Scheme

(asked on 13th October 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much the Government has received from the mineworker's pension scheme since 1994.


Answered by
Jesse Norman Portrait
Jesse Norman
Shadow Leader of the House of Commons
This question was answered on 20th October 2016

Primarily as a result of strong investment returns, the Mineworkers’ Pension Scheme has generated surpluses which have been shared equally between Government and the scheme members as bonuses, in accordance with the agreement reached in 1994. In its role as Guarantor, the Government has received £3,356.3m by this means since 1994.

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