Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent discussions she has had with the Secretary of State for Energy Security and Net Zero on release of the investment reserve of the British Coal Staff Superannuation Scheme to uplift pensions.
The Chancellor meets regularly with the Secretary of State for Energy Security and Net Zero to discuss a range of issues.
The Government is considering proposals put forward by the BCSSS Trustees and needs to understand their impacts for both scheme members and the Government, in the same way as we are doing for the Mineworkers’ Pension Scheme. The Government and BCSSS Trustees are working together to jointly commission analysis so that we can gain that understanding and work towards reaching agreement on a way forward.