Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 30 October 2019 to Question 5421, whether proposals for the long-term protection of pension bonuses for members of the Mineworkers' Pension Scheme have been formally accepted.
I have written to the Trustees of the Mineworkers’ Pension Scheme to confirm that the Government will agree to their proposals in full. This includes providing a guarantee for pensions that have accrued that could otherwise have been lost. I have instructed BEIS officials to work with the Trustees to implement the changes as swiftly as possible.