Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans the Government has to review the existing surplus sharing arrangements of the Mineworkers' Pension Scheme.
The Government does not intend to change the current surplus sharing arrangements that have worked well for all parties. I have, however, agreed to the Trustees’ proposals for changes to the scheme that include protection of bonuses already accrued. BEIS officials are working with the Trustees to implement the changes.