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Mineworkers’ Pension Scheme

Part of Children Act 1989 (Amendment) (Female Genital Mutilation) Bill [Lords]: (Business of the House) – in the House of Commons at 6:08 pm on 14th February 2019.

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Photo of Gloria De Piero Gloria De Piero Shadow Minister (Justice) 6:08 pm, 14th February 2019

I thank my hon. Friend Stephanie Peacock for securing the debate, for her excellent speech and for the opportunity to speak very briefly on an issue that I am extremely passionate about. Many of us are now familiar with the shocking headline figures behind the mineworkers’ pension scheme story. The Government have received nearly £4.5 billion from the MPS since 1994. They have never had to pay a penny into the scheme in their role as guarantor and they are still pocketing in the region of £142 million a year. Those figures do not even include any moneys that they have received from the other coal pension scheme—the British Coal staff superannuation scheme, from which they have also made billions of pounds.