Mineworkers’ Pension Scheme Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
William Cash
Main Page: William Cash (Conservative - Stone)Department Debates - View all William Cash's debates with the Department for Business, Energy and Industrial Strategy
(5 years, 6 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Grahame Morris
Absolutely.
The MPS winter newsletter states:
“Whilst the Trustees are and always have been supportive of any initiative that had the underlying aim of improving members outcomes, the Trustees do not have the power to make these changes without recourse to the Guarantor”
—in other words, the Government.
“We will of course continue to work in your interests across all aspects of running the scheme”.
Let me say this, earnestly, to the Minister. The trustees will be listening. They want to renegotiate the current sharing arrangements. If approached by the trustees, will the Government, as guarantor, negotiate those arrangements? If the Minister wishes to intervene now, I will take his intervention; otherwise I hope he will address that question when he sums up the debate.
Sir William Cash (Stone) (Con)
May I say to the hon. Gentleman that there are those on this side of the House who not only have a great deal of sympathy with what is being said, but have a great deal of support for it and want to give a great deal of encouragement? Having come from Sheffield and worked with miners on the cricket field as well as the rugger field, I know the position exactly. I have seen all the pits and been down a lot of them. Let me simply say, I hope that you get what you want.
Grahame Morris
God bless you. I am grateful for that intervention,
What I am trying to do—with all due respect, and without denigrating anyone’s contribution—is set out the factual position. I think that the arguments that the existing arrangements are unfair are overwhelming.