Mineworkers’ Pension Scheme Debate
Full Debate: Read Full DebateBaroness Laing of Elderslie
Main Page: Baroness Laing of Elderslie (Conservative - Life peer)Department Debates - View all Baroness Laing of Elderslie's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 2 months ago)
Commons ChamberThere is one point that my hon. Friend has not mentioned at all. I worked in the pit for 20-odd years before I came to Parliament, and I must say at the outset that this is an easier job than working down a coalmine. I know a lot of people do not like me saying that, but it is a fact. There is no doubt whatsoever about that.
One of the things that I learnt about the pension scheme was this. I must tell my hon. Friend, who has not referred to this yet although he may do so later, that when I went down the pit just after the second world war there was a pension scheme in the coalmining industry for managers and people who ran the mine. There was also a scheme that paid deputies, who were like little sergeants in the pit. They were people with authority and their membership entailed that they could be paid as well. I think it was in the early 1960s, when I was still in the pit, when at last somebody decided that miners themselves, and there were 700,000 of them working in the coalmines in Britain at the time—
Order. I assume the hon. Gentleman thinks I am not listening to him, and that I have not noticed, but—
No, I did not mind that, but the hon. Gentleman is making rather a long intervention; I know this is his expert subject but I was hoping it would be an intervention-sized intervention.
I did happen to work down a coalmine and I am using the bit of expertise that I had regarding the coalmines, as opposed to being a Member of Parliament. I am trying to demonstrate something to my hon. Friend the Member for Easington (Grahame Morris) and to ask whether he will look at this. When I worked in the pit the miners themselves—700,000 of them—did not have a pension at all. In fact it was not until the early ’60s that it was decided that the management had a pension, the deputies had a pension and it was time that the miners had a pension as well. That is what I am trying to demonstrate and I am hoping that my hon. Friend will refer to it. Thank you very much.
It is a pleasure. I must say that we are not creating a precedent here for the Chair allowing a very long intervention. Given the hon. Gentleman’s very specific position and long experience on this matter I have stretched things a bit, but that does not mean that anyone else will get away with it.
I am grateful, Madam Deputy Speaker, and I am grateful to my hon. Friend the Member for Bolsover (Mr Skinner) for his knowledge, input and expertise. Of course the 700,000 miners, and the 170,000 miners in Durham, have built up a huge pension fund. I have asked various parliamentary questions to ascertain the size of that fund, but bear in mind that 50% of the surplus is taken by Government—£4.4 billion—and my understanding is that, when the last of those miners and widows dies, the Government will get everything; not just the surplus, but everything.
Order. We will have to start with a time limit of seven minutes.
Order. Everyone has been very good at keeping to time, but I will have to reduce the official time to six minutes to make sure that everybody gets a fair chance.
Order. I am sorry, but we have to reduce the time limit to five minutes.