Mineworkers' Pension Scheme

(asked on 9th January 2018) - View Source

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

To ask Her Majesty's Government how many times the Trustees of the Mineworkers Pension Scheme have asked Ministers for meetings to re-negotiate the surplus sharing arrangements of the Scheme since privatisation of the industry; what were the responses to those requests; and what was the reasoning behind the response in each case.


Answered by
Lord Henley Portrait
Lord Henley
This question was answered on 16th January 2018

The Mineworkers’ Pension Scheme Trustees have requested changes to the surplus-sharing arrangements on two occasions (2000 and 2006). 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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