British Coal Staff Superannuation Scheme: Wales
(asked on 11th November 2025) - View Source
Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what representations he has made to the Chancellor of the Exchequer on the transfer of the British Coal Staff Superannuation Scheme’s Investment Reserve to its Welsh scheme members.
Answered by
Chris McDonald
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
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.
As at 30 October 2024, there were 3,650 members of the British Coal Staff Superannuation Scheme in Wales. Any transfer of the reserve would be used to enhance member benefits.