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Miners: Pensions

Volume 482: debated on Wednesday 5 November 2008

To ask the Secretary of State for Energy and Climate Change if he will reform the Mineworkers' Pension Scheme to ensure that the entire surplus is used for the benefit of former mineworkers. (229738)

[holding answer 23 October 2008]: The guarantee and surplus sharing arrangements which have existed for the Mineworkers' Pension Scheme since 1994 strike the best balance between protecting the interests of the scheme membership and the taxpayer. There are no plans to seek to reform them.