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1504003

	registered interest
	date	02/09/2022
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Mineworkers' Pension Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the Business, Energy and Industrial Strategy Committee’s Sixth Report of Session 2019–21, Mineworkers’ Pension Scheme, published on 29 April 2021, HC 1346, what recent assessment his Department has made of the potential merits of increasing the size of the mineworkers' pension scheme.
	tabling member constituency	South Leicestershire
	tabling member printed	Alberto Costa
	uin	45895
	answer	answer is ministerial correction date of answer 20/09/2022 answer text <p>The Mineworkers' Pension scheme is funded through investments. The Government guarantees that pensions will be paid in the event that returns on those investments are insufficient to meet members’ benefit entitlements.</p> answering member constituency Beverley and Holderness answering member printed Graham Stuart question first answered 20/09/2022 09:46:02 answering member 1482 label Biography information for Graham Stuart
	tabling member	4439 label Biography information for Alberto Costa

1271374

	registered interest
	date	15/12/2020
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Mineworkers' Pension Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to make an assessment of the merits of the UK Miners Pension Scheme provision that 50 per cent of any surplus made after 1994 will be paid to the Government.
	tabling member constituency	Rother Valley
	tabling member printed	Alexander Stafford
	uin	130263
	answer	answer is ministerial correction date of answer 23/12/2020 answer text <p>The Government has reconsidered the surplus sharing arrangements of the Mineworkers’ Pension Scheme (MPS) and concluded that they remain appropriate.</p><p> </p><p>We have agreed to scheme changes proposed by the MPS Trustees which guarantee that bonus pensions already accrued will not be lost in the event of a future deficit. These changes have been implemented.</p> answering member constituency Spelthorne answering member printed Kwasi Kwarteng question first answered 23/12/2020 08:53:45 answering member 4134 label Biography information for Kwasi Kwarteng
	tabling member	4866 label Biography information for Alexander Stafford

1700398

	registered interest
	date	12/04/2024
	answering body	Department for Energy Security and Net Zero
	answering dept id	215
	answering dept short name	Energy Security and Net Zero
	answering dept sort name	Energy Security and Net Zero
	hansard heading	Mineworkers' Pension Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Energy Security and Net Zero, how many people are recipients of the Mineworkers’ Pension Scheme in (a) Rother Valley constituency and (b) the rest of the UK as of 16 April 2024.
	tabling member constituency	Rother Valley
	tabling member printed	Alexander Stafford
	uin	21285
	answer	answer is ministerial correction date of answer 22/04/2024 answer text <p>As at June 2023, there were 1,778 Mineworkers’ Pension Scheme (MPS) members living in the Rother Valley constituency. As at 29 February 2024, there were 116,143 MPS members. These are the latest available figures.</p> answering member constituency North Swindon answering member printed Justin Tomlinson question first answered 22/04/2024 14:03:01 answering member 4105 label Biography information for Justin Tomlinson
	tabling member	4866 label Biography information for Alexander Stafford

1700399

	registered interest
	date	12/04/2024
	answering body	Department for Energy Security and Net Zero
	answering dept id	215
	answering dept short name	Energy Security and Net Zero
	answering dept sort name	Energy Security and Net Zero
	hansard heading	Mineworkers' Pension Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Energy Security and Net Zero, what recent discussions she has had with the Mineworkers’ Pension Scheme Trustees on the surplus sharing arrangements of that scheme.
	tabling member constituency	Rother Valley
	tabling member printed	Alexander Stafford
	uin	21286
	answer	answer is ministerial correction date of answer 23/04/2024 answer text <p>Ministers and Trustees last discussed the surplus sharing arrangements in 2021. The Government has been consistent that it would consider any proposals that the Trustees bring forward.</p> answering member constituency North Swindon answering member printed Justin Tomlinson question first answered 23/04/2024 08:33:10 answering member 4105 label Biography information for Justin Tomlinson
	tabling member	4866 label Biography information for Alexander Stafford

1700400

	registered interest
	date	12/04/2024
	answering body	Department for Energy Security and Net Zero
	answering dept id	215
	answering dept short name	Energy Security and Net Zero
	answering dept sort name	Energy Security and Net Zero
	hansard heading	Mineworkers' Pension Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Energy Security and Net Zero, if she will review the (a) surplus sharing and (b) other arrangements of the Mineworkers' Pension Scheme.
	tabling member constituency	Rother Valley
	tabling member printed	Alexander Stafford
	uin	21287
	answer	answer is ministerial correction date of answer 22/04/2024 answer text <p>The Government has been consistent in its willingness to consider any proposals that the Trustees bring forward. Ministers have previously been willing to discuss proposals including those which would alter the surplus sharing arrangements.</p> answering member constituency West Aberdeenshire and Kincardine answering member printed Andrew Bowie question first answered 22/04/2024 16:55:41 answering member 4601 label Biography information for Andrew Bowie
	tabling member	4866 label Biography information for Alexander Stafford

797866

	registered interest
	date	30/11/2017
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Mineworkers' Pension Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to ensure that mineworkers in deprived areas have access to a proportionate share of the profits made by the Mineworkers' Pension Scheme.
	tabling member constituency	Mansfield
	tabling member printed	Ben Bradley
	uin	116773
	answer	answer is ministerial correction date of answer 06/12/2017 answer text <p>The allocation of bonuses from the Trustees’ share of surpluses in the Mineworkers’ Pension Scheme is a matter for the Trustees.</p> answering member constituency Watford answering member printed Richard Harrington question first answered 06/12/2017 16:23:44 answering member 4068 label Biography information for Lord Harrington of Watford
	tabling member	4663 label Biography information for Ben Bradley

999149

	registered interest
	date	31/10/2018
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Mineworkers' Pension Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 25 July 2018 to Question 164474 on the Mineworkers’ Pension Scheme, what discussions his Department has had with the trustees of that scheme; and if he will make a statement.
	tabling member constituency	Mansfield
	tabling member printed	Ben Bradley
	uin	186447
	answer	answer is ministerial correction date of answer 12/11/2018 answer text <p>Those discussions are ongoing. I would be happy to update my hon. Friend once a conclusion has been reached.</p> answering member constituency Devizes answering member printed Claire Perry question first answered 12/11/2018 17:31:47 answering member 3974 label Biography information for Claire Perry
	tabling member	4663 label Biography information for Ben Bradley

1314767

	registered interest
	date	14/05/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Mineworkers' Pension Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what recent discussions officials in his Department has had with (a) officials in the Department for Work and Pensions and (b) the Welsh Government on the distribution of the Investment Reserve arising from the Miners’ Pension Scheme.
	tabling member constituency	Ceredigion
	tabling member printed	Ben Lake
	uin	1369
	answer	answer is ministerial correction date of answer 19/05/2021 answer text <p>No such discussions have been held. Following the Business, Energy and Industrial Strategy Select Committee Report publication, the Minister for Business, Energy and Clean Growth has arranged to meet the Scheme Trustees with a view to agreeing a way forward. The Government will then respond to the Committee’s report.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 19/05/2021 12:48:29 answering member 4095 label Biography information for Steve Barclay
	tabling member	4630 label Biography information for Ben Lake

1314768

	registered interest
	date	14/05/2021
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Mineworkers' Pension Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what recent assessment he has made of the efficacy of Mineworkers’ Pension Scheme for its members.
	tabling member constituency	Ceredigion
	tabling member printed	Ben Lake
	uin	1370
	answer	answer is ministerial correction date of answer 19/05/2021 answer text <p>Members of the Mineworkers’ Pension Scheme receive pensions around 33% higher in real terms as a result of the current arrangements. The Business, Energy and Industrial Strategy Select Committee have made a number of recommendations which the Minister for Business, Energy and Clean Growth will discuss with the Scheme Trustees before responding to the report.</p> answering member constituency North East Cambridgeshire answering member printed Steve Barclay question first answered 19/05/2021 07:39:14 answering member 4095 label Biography information for Steve Barclay
	tabling member	4630 label Biography information for Ben Lake

1356336

	registered interest
	date	16/09/2021
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Mineworkers' Pension Scheme
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent assessment has he made of the efficacy of the Mineworkers’ Pension Scheme for its members.
	tabling member constituency	Ceredigion
	tabling member printed	Ben Lake
	uin	50748
	answer	answer is ministerial correction date of answer 22/09/2021 answer text <p>The Mineworkers’ Pension Scheme was considered by the BEIS Select Committee earlier this year. In the Government’s response, we highlighted that the Government continues to believe that the arrangements agreed in 1994 work well and are fair and beneficial to both Scheme members and taxpayers. That response is available to view <a href="https://committees.parliament.uk/work/1114/mineworkers-pension-scheme/publications/reports-responses/" target="_blank">here</a>. The Rt. Hon. Anne-Marie Trevelyan, the then Minister responsible, met the Scheme Trustees in June to discuss the Committee’s report and the future of the Scheme. We await their thoughts.</p> answering member constituency Chelsea and Fulham answering member printed Greg Hands question first answered 22/09/2021 12:54:17 answering member 1526 label Biography information for Greg Hands previous answer version 22816 answering member constituency Chelsea and Fulham answering member printed Greg Hands answering member 1526 label Biography information for Greg Hands
	tabling member	4630 label Biography information for Ben Lake