Mineworkers' Pension Scheme

(asked on 19th July 2017) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, what representations he has received from the Mineworkers Pension Scheme Trustees on surplus-sharing arrangements.


This question was answered on 5th September 2017

On two occasions in the past (2000 and 2006), the Mineworkers’ Pension Scheme Trustees requested changes to the surplus-sharing arrangements. On each occasion, the Government considered that the existing arrangements were working well and fair to all parties. Since then, the scheme has continued to deliver bonuses to members.

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