(1 month, 1 week ago)
Commons Chamber
Jo White (Bassetlaw) (Lab)
When I was elected nearly two years ago, the very first person to contact me was a BCSSS member. There are about 750 BCSSS members in my constituency, and the campaign has certainly been part of my heart ever since I was elected. I know that many BCSSS members will be watching tonight and listening to the debate, and I am sure that the stories you tell will ensure that they are—
Those are very wise words. It is very encouraging to hear that whoever becomes the next PM will treat this issue seriously.
Let me go back to my original request. Will the Minister commit to ensuring that the scheme can share 100% of any future surplus with all members and their spouses from its next valuation? I think that will be in March 2027. Will that be announced in the autumn Budget? That is my first ask.
The trustees have asked if they can be given total control over future surpluses. The scheme has £7.8 billion in assets. That is a lot of money—our money, and we want it back. We are not asking for much.