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1646014
registered interest false more like this
date remove maximum value filtermore like thismore than 2023-06-20
answering body
Department for Energy Security and Net Zero more like this
answering dept id 215 more like this
answering dept short name Energy Security and Net Zero more like this
answering dept sort name Energy Security and Net Zero 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 Energy Security and Net Zero, pursuant to the Answer of 24 November 2022 to Question 88950 on Mineworkers' Pension Scheme, what estimate he has made of when the 2023 valuation of the Mineworkers' Pension Scheme and the calculation of that scheme’s surplus will be completed. more like this
tabling member constituency Barnsley Central more like this
tabling member printed
Dan Jarvis more like this
uin 190343 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-06-26more like thismore than 2023-06-26
answer text <p>Based on previous valuations of the Mineworkers’ Pension Scheme, the Government anticipates the 2023 valuation process, including the calculation of any surplus, to be concluded during the summer of 2024.</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 2023-06-26T08:43:00.343Zmore like thismore than 2023-06-26T08:43:00.343Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4243
label Biography information for Dan Jarvis more like this
1646015
registered interest false more like this
date remove maximum value filtermore like thismore than 2023-06-20
answering body
Department for Energy Security and Net Zero more like this
answering dept id 215 more like this
answering dept short name Energy Security and Net Zero more like this
answering dept sort name Energy Security and Net Zero 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 Energy Security and Net Zero, how many miners were recipients of the Mineworkers’ Pension Scheme in (a) Barnsley Central constituency and (b) nationally in May 2023. more like this
tabling member constituency Barnsley Central more like this
tabling member printed
Dan Jarvis more like this
uin 190344 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-06-26more like thismore than 2023-06-26
answer text <p>There were 120,099 members of the Mineworkers’ Pension Scheme as of May 2023 of whom 2,576 live in the Barnsley Central constituency. The breakdown between those in receipt and those yet to receive their pension is not available at the constituency level.</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 2023-06-26T08:37:43.65Zmore like thismore than 2023-06-26T08:37:43.65Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4243
label Biography information for Dan Jarvis more like this
1642600
registered interest false more like this
date less than 2023-06-07more like thismore than 2023-06-07
answering body
Department for Energy Security and Net Zero more like this
answering dept id 215 more like this
answering dept short name Energy Security and Net Zero more like this
answering dept sort name Energy Security and Net Zero 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 Energy Security and Net Zero, what recent assessment he has made of the adequacy of the Mineworkers’ Pension Scheme. more like this
tabling member constituency Barnsley Central more like this
tabling member printed
Dan Jarvis more like this
uin 188284 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-06-12more like thismore than 2023-06-12
answer text <p>Department officials meet the Mineworkers’ Pension Scheme (MPS) Trustees regularly to monitor the performance of the MPS. The Scheme works well for all parties. A triennial valuation will begin towards the end of the year.</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 2023-06-12T12:58:22.61Zmore like thismore than 2023-06-12T12:58:22.61Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4243
label Biography information for Dan Jarvis more like this
1642601
registered interest false more like this
date less than 2023-06-07more like thismore than 2023-06-07
answering body
Department for Energy Security and Net Zero more like this
answering dept id 215 more like this
answering dept short name Energy Security and Net Zero more like this
answering dept sort name Energy Security and Net Zero 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 Energy Security and Net Zero, if he will review the surplus sharing arrangements for the Mineworkers' Pension Scheme. more like this
tabling member constituency Barnsley Central more like this
tabling member printed
Dan Jarvis more like this
uin 188285 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-06-12more like thismore than 2023-06-12
answer text <p>The Government considers the current arrangements to be working well for all parties. No review of arrangements is planned, but the Government has made clear to the MPS Trustees that it would consider any proposals for change that do not add risk to 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 2023-06-12T12:56:18.777Zmore like thismore than 2023-06-12T12:56:18.777Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4243
label Biography information for Dan Jarvis more like this
1542911
registered interest false more like this
date less than 2022-11-16more like thismore than 2022-11-16
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 less than 2022-11-16more like thismore than 2022-11-16
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 less than 2022-11-16more like thismore than 2022-11-16
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 less than 2022-11-16more like thismore than 2022-11-16
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
1504003
registered interest false more like this
date less than 2022-09-02more like thismore than 2022-09-02
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, 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. more like this
tabling member constituency South Leicestershire more like this
tabling member printed
Alberto Costa more like this
uin 45895 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-09-20more like thismore than 2022-09-20
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> 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 2022-09-20T09:46:02.773Zmore like thismore than 2022-09-20T09:46:02.773Z
answering member
1482
label Biography information for Graham Stuart more like this
tabling member
4439
label Biography information for Alberto Costa more like this
1489574
registered interest false more like this
date less than 2022-07-15more like thismore than 2022-07-15
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury 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 Chancellor of the Exchequer, pursuant to the Oral question of 12 July 2022, Official Report, column 138, on the Mineworkers Pension Scheme, whether the Treasury has received the Trustee’s proposal on the issue; and if his Department will make a decision on that proposal by 21 July 2022. more like this
tabling member constituency Barnsley East more like this
tabling member printed
Stephanie Peacock more like this
uin 37583 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-07-20more like thismore than 2022-07-20
answer text <p>HM Treasury recognises the importance of the issue and has approved the Mineworkers’ Pension Scheme Trustees’ request to bring forward the ‘bonus protection’ arrangements.</p> more like this
answering member constituency Middlesbrough South and East Cleveland more like this
answering member printed Mr Simon Clarke more like this
question first answered
less than 2022-07-20T13:45:50.507Zmore like thismore than 2022-07-20T13:45:50.507Z
answering member
4655
label Biography information for Sir Simon Clarke more like this
tabling member
4607
label Biography information for Stephanie Peacock more like this