Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, if he will make an assessment of the potential merits of utilising the undistributed surplus in the Mineworkers’ Pension Scheme to fund a pension bonus to members in 2026-2027 financial year.
I recently met the Mineworkers’ Pension Scheme Trustees and discussed the proposed changes that Trustees have put forward. Work is underway to assess the benefits and risks of the Trustees’ proposals. We are aiming to implement changes as swiftly as possible.