Grahame Morris – 2016 Parliamentary Question to the Department for Business, Energy and Industrial Strategy

The below Parliamentary question was asked by Grahame Morris on 2016-10-10.

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will assess the balance of the Mineworkers’ Pension Scheme surplus-sharing arrangements.

Jesse Norman

The existing surplus-sharing arrangements have worked well to date. The presence of the Guarantee has given the Trustees, who are responsible for managing the Scheme and are independent of Government, the freedom to invest in a way that has generated surpluses and, as a consequence, bonuses to members.