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Mineworkers' Pension Scheme

Asked by Mr Toby PerkinsLabourDepartment for Energy Security and Net ZeroTabled Answered 8 September 2025UIN 70389

The question

To ask the Secretary of State for Energy Security and Net Zero, pursuant to the Answer of 3 March 2025 to Question 31833 on Mineworkers' Pension Scheme, when he expects discussions with Mineworkers' Pension Scheme trustees to conclude on the future of the surplus sharing arrangements.

Answered by Michael Shanks

The then Minister for Industry (Sarah Jones) met the Mineworkers’ Pension Scheme Trustees in April and July to discuss their proposals and the analysis we had jointly commissioned. The Government is keen to reach agreement with the Trustees as swiftly as possible on changes to take effect from the September 2026 scheme valuation.

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