Mineworkers' Pension Scheme

(asked on 4th December 2023) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, if she will make an estimate of how much the Exchequer has received from the Mineworkers Pension Scheme under the surplus sharing arrangements adjusted for inflation since the establishment of those arrangements.


Answered by
Graham Stuart Portrait
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 7th December 2023

A surplus sharing arrangement was negotiated between the Government and the Mineworkers’ Pension Scheme Trustees in 1994. The Government has received £4.8bn as its share of surplus over the past 29 years. An inflation-adjusted figure is not available.

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