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1542911
registered interest false more like this
date remove filter
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Mineworkers' Pension Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an estimate of the average amount by which the annual pension received by remaining members of the Mineworkers’ Pension Scheme would change if the surplus sharing arrangements were revised to create a (a) 70-30, (b) 90-10 and (c) 100-zero per cent split between the scheme and the Government. more like this
tabling member constituency Linlithgow and East Falkirk more like this
tabling member printed
Martyn Day more like this
uin 88950 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-11-24more like thismore than 2022-11-24
answer text <p>Any surplus will depend on the returns on the Scheme’s investments - this will be assessed at the valuation in 2023. The Government has no current plans to change the surplus sharing arrangements.</p> more like this
answering member constituency Beverley and Holderness more like this
answering member printed Graham Stuart more like this
question first answered
less than 2022-11-24T17:28:44.243Zmore like thismore than 2022-11-24T17:28:44.243Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4488
label Biography information for Martyn Day more like this
1542912
registered interest false more like this
date remove filter
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Mineworkers' Pension Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment with Cabinet colleagues of the potential impact of the surplus sharing arrangements for the Mineworker’s Pension Scheme on the Government’s levelling-up agenda. more like this
tabling member constituency Linlithgow and East Falkirk more like this
tabling member printed
Martyn Day more like this
uin 88951 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-11-24more like thismore than 2022-11-24
answer text <p>The Scheme’s surplus-sharing arrangements mean that scheme members receive approximately 33% higher payments than they would otherwise have done. There are currently no plans for a review of the surplus-sharing arrangements. In addition, the Government guarantee ensures that pensions increase in line with RPI.</p> more like this
answering member constituency Beverley and Holderness more like this
answering member printed Graham Stuart more like this
question first answered
less than 2022-11-24T17:25:46.76Zmore like thismore than 2022-11-24T17:25:46.76Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4488
label Biography information for Martyn Day more like this
1542913
registered interest false more like this
date remove filter
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Mineworkers' Pension Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the potential merits of replacing the existing surplus sharing agreement with the Mineworker’s Pension Scheme with a new arrangement in which the Government would only receive a share of surpluses if it is required in future to contribute to the value of the scheme under the existing guarantee. more like this
tabling member constituency Linlithgow and East Falkirk more like this
tabling member printed
Martyn Day more like this
uin 88952 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-11-24more like thismore than 2022-11-24
answer text <p>The Government stated in its response to the BEIS Select Committee Report, published on 29 April 2021, which made this recommendation that it would not agree to such a change as it believes the current arrangements to be fair to Scheme members and taxpayers.</p> more like this
answering member constituency Beverley and Holderness more like this
answering member printed Graham Stuart more like this
question first answered
less than 2022-11-24T17:27:58.28Zmore like thismore than 2022-11-24T17:27:58.28Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4488
label Biography information for Martyn Day more like this
1542914
registered interest false more like this
date remove filter
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Mineworkers' Pension Scheme more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an estimate of the number of surviving members of the Mineworkers’ Pension Scheme who have (a) injuries and (b) industrial diseases caused by working in the mining industry which affect their quality of life as of 16 November 2022. more like this
tabling member constituency Linlithgow and East Falkirk more like this
tabling member printed
Martyn Day more like this
uin 88953 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-11-24more like thismore than 2022-11-24
answer text <p>The Government does not hold this information.</p> more like this
answering member constituency Beverley and Holderness more like this
answering member printed Graham Stuart more like this
question first answered
less than 2022-11-24T17:29:27.003Zmore like thismore than 2022-11-24T17:29:27.003Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4488
label Biography information for Martyn Day more like this