Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what progress his Department has made on (a) agreeing a way forward on the British Coal Staff Superannuation Scheme and (b) considering the transfer of its investment reserve to its members.
The Department is engaging with HM Treasury with a view to agreeing a way forward on the transfer of the reserve to members.
The Government is aiming to reach agreement on an outcome that can be implemented later this year which will benefit scheme members.