British Coal Pension Funds

Department for Business, Energy and Industrial Strategy written question – answered on 12th October 2017.

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Photo of Dan Jarvis Dan Jarvis Labour, Barnsley Central

To ask the Secretary of State for Business, Energy and Industrial Strategy, what recommendations the British Coal pension schemes trustees have made on the current 50/50 surplus arrangements; and whether he plans to reform the arrangements in line with such recommendations.

Photo of Richard Harrington Richard Harrington Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

No recent recommendations have been made in respect of surplus sharing arrangements for the Mineworkers’ Pension Scheme and no reform is planned. The current arrangements continue to work well for all parties.

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