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<p>The BEIS Select Committee carried out an inquiry into the Mineworkers Pension Scheme
last year. The Government was unable to accept the conclusions and recommendations
of the Committee’s report and continues to believe that the existing arrangements
work well for all parties. Following the publication of the report, the former Minister
of State for Energy, Clean Growth and Climate Change, the Rt Hon Anne-Marie Trevelyan,
met the MPS Trustees on 21 June to discuss the report and options for the way forward.
She asked the Trustees to consider whether they would be willing to include the Government
Guarantee in any future discussions around surplus sharing and the Investment Reserve.
The Government awaits their response.</p>
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