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British Coal Staff Superannuation Scheme

Asked by Michelle WelshLabourDepartment for Energy Security and Net ZeroTabled Answered 4 December 2024UIN 17062

The question

To ask the Secretary of State for Energy Security and Net Zero, what is his Department's planned timescale for the review of the British Coal Staff Superannuation Scheme.

Answered by Sarah Jones

The Government is committed to ending the injustice of the Mineworkers' Pension Scheme and the first increased payments due to the transfer of the Investment Reserve Fund to members were made at the end of November. The Government will soon start talks with the MPS Trustees on the future arrangements for surplus sharing.

The Government is happy to consider any proposals for changes that the BCSSS Trustees wish to make once the new MPS arrangements have been agreed.

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