Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what steps the Government plans to take to ensure parity between the Investment Reserve Fund to the Mineworkers’ Pension Scheme and the British Coal Superannuation Scheme.
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.