Mineworkers’ Pension Scheme

Debate between Stephen Kinnock and Stephanie Peacock

Thursday 14th February 2019 Commons Chamber

[Stephanie Peacock]

I thank my hon. Friend. As a former miner, he speaks with passion and has done over many decades, and he is absolutely right. It is blatantly unfair that those who have spent a life working literally at the coalface will be left to struggle in retirement, when the Government can instead help the near 160,000 former miners still affected. This is their money, and I appeal now to the Minister to do right by them.

[Stephen Kinnock (Aberavon) (Lab)]

I thank my hon. Friend, and as the grandson of a coal miner, I know that the speech she is making is so important for the communities that we represent. When the Prime Minister took over, she stood on the steps of Downing Street and said that there are “burning injustices” affecting our nation. Does my hon. Friend agree that this is one of those burning injustices? If the promises that the Prime Minister made are to mean anything at all, this wrong must be righted immediately.

[Stephanie Peacock]

My hon. Friend is absolutely right: it is totally unfair. That is why I ask the Minister to dispel the concerns that I briefly touched on earlier and protect the bonus element of the members’ pensions, which will prevent real-terms losses to pension value in times of poor investment return. Most importantly, is she prepared to amend the surplus sharing scheme and meet the coalfield MPs, the scheme trustees, members and the National Union of Mineworkers to discuss a revision, including consideration of the recent NUM-commissioned report that suggested a 90:10 split in favour of the miners?

Miners and their families in this country had their way of life ripped apart. They were branded “the enemy within”. Men were imprisoned because they were fighting for their jobs. Women ran soup kitchens because they were fighting for their community. Spirits were bruised but never broken. Tragically, too often our miners were let down. The unfairness of the scheme must not—cannot—be allowed to stand as the final chapter in that dismal history. Retired miners have waited long enough for the only thing they ever wanted: their fair share.