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British Coal Staff Superannuation Scheme

Asked by Dr Luke EvansConservativeDepartment for Energy Security and Net ZeroTabled Answered 20 November 2025UIN 91551

The question

To ask the Secretary of State for Energy Security and Net Zero, what recent conversations he has with the Treasury regarding the return of the £2.3 billion investment reserve of the British Coal staff superannuation scheme.

Answered by Chris McDonald

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.

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