British Coal Staff Superannuation Scheme
The question
To ask the Secretary of State for Energy Security and Net Zero, what plans he has to provide clarity to the trustees of the British Coal staff superannuation scheme on the possibilities of return of the £2.3 billion investment reserve of the British Coal superannuation scheme back to its members.
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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