Question
Lord Hain
Labour
Life peer
Lords
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 on
16 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.
Answered by
Department for Business, Energy and Industrial Strategy