Oral Answers to Questions

Debate between Nick Smith and Sarah Jones
Tuesday 18th March 2025

(2 weeks, 4 days ago)

Commons Chamber
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Sarah Jones Portrait The Minister for Industry (Sarah Jones)
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This Labour Government have ended the historic injustice of the mineworkers’ pension scheme. At the end of November last year, the first uprated payments for the pension scheme landed for over 100,000 miners and their families. That is an average increase of 32% on their monthly payments, or an average additional £28 a week.

Nick Smith Portrait Nick Smith
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I thank the Minister for her answer and for her hard work to increase payments to mineworkers and their families across the country. After digging for coal for many years, 1,600 miners and their families have received an uplift of nearly £30 a week in my constituency of Blaenau Gwent and Rhymney. However, progress is still needed on the staff superannuation scheme. The trustees of that scheme confirmed to me that the average age of pension members is 76, so with time marching on, will the Minister outline the next steps to help members of the staff scheme?

Sarah Jones Portrait Sarah Jones
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I thank my hon. Friend for his remarks; he is right to talk about the British Coal staff superannuation scheme. The initial focus of our work was on the mineworkers’ pension scheme, which was in our manifesto. We had to work at pace on that commitment, and we are working with the Government Actuary’s Department on how the surplus-sharing arrangement will work going forward. That big piece of work is under way, but my hon. Friend is right to point to the tens of thousands of people who are in the BCSSS. I too have met the trustees, and we are working as fast as we can through the issues associated with that scheme. The two schemes are different—they operate in different ways—but the Government are the guarantor for both of them, and I will reconvene trustees to continue discussions with them and take this matter forward.