Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, whether he is considering proposals from the Trustees of the Mineworkers’ Pension Scheme to distribute the £1.1 billion of undistributed surplus currently held within the Scheme to members.
The Government is keen to reach agreement with the MPS Trustees on their proposed changes to the arrangements to benefit scheme members. The Government is mindful of the need to resolve this issue as swiftly as possible, and will make an announcement once agreement has been reached.