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 assessment of the potential merits of replacing the existing surplus sharing agreement with the Mineworker’s Pension Scheme with a new arrangement in which the Government would only receive a share of surpluses if it is required in future to contribute to the value of the scheme under the existing guarantee.

The Government stated in its response to the BEIS Select Committee Report, published on 29 April 2021, which made this recommendation that it would not agree to such a change as it believes the current arrangements to be fair to Scheme members and taxpayers.