Mineworkers' Pension Scheme

(asked on 16th November 2022) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an estimate of the average amount by which the annual pension received by remaining members of the Mineworkers’ Pension Scheme would change if the surplus sharing arrangements were revised to create a (a) 70-30, (b) 90-10 and (c) 100-zero per cent split between the scheme and the Government.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 24th November 2022

Any surplus will depend on the returns on the Scheme’s investments - this will be assessed at the valuation in 2023. The Government has no current plans to change the surplus sharing arrangements.

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