This petition was submitted during the 2019-2024 parliament
Petition Implement recommendations of the Mineworkers’ Pension Scheme report
We the undersigned call upon the Government to implement the recommendations of the BEIS Select Committee inquiry, and subsequent report, into the Mineworkers Pension Scheme.
More details
Since 1994, pensioners split any surplus funds 50:50 with the government. The report recommends that the Government is only entitled to a share of surpluses if the Scheme falls into deficit, and that the current arrangements deserved to be reviewed for a better outcome for pensioners. The Committee report also recommends the Government returns the £1.2bn it is due to receive from the Investment Reserve back to miners.
Despite an election pledge to change the scheme, the Government has not yet changed the scheme.
As the cost of living squeezes households, implementing these changes could help save pensioners from desperate poverty.
The Government must implement the recommendations of the BEIS Parliamentary Select Committee.
This petition is closed This petition ran for 6 months
Related activity
MPs hold debate on miners and mining communities
MPs held a debate on miners and mining communities on Thursday 9 May, in the House of Commons.
The debate was led by MPs Grahame Morris and James Grundy. Lee Rowley MP, the Minister for Housing, responded for the Government.
During the debate MPs discussed the Mineworkers' Pension Scheme, as well as the recommendations relating to the scheme made by the Business, Energy and Industrial Strategy Select Committee in 2021.
The debate was scheduled by the Backbench Business Committee.
What are backbench business debates?
Backbench business debates give backbenchers (MPs who aren’t ministers or shadow ministers) an opportunity to secure a debate on a topic of their choice, either in the House of Commons Chamber or Westminster Hall.
MPs can make a request for a debate to the Backbench Business Committee, which hears and decides which debates to schedule.
Backbench debates can either be general debates (which do not end in a vote) or be on a substantive motion (which calls for an action and can end in a vote). This debate was a general debate.
Visual explainer: Backbench Business debates
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Mineworkers' Pension Schemes debated by MPs
MPs held a debate on Mineworkers' Pension Scheme on Thursday 16 May. The debate was led by Lee Anderson MP.
The Minister for Energy Security and Net Zero, Justin Tomlinson MP, responded on behalf of the Government.
What are Adjournment debates?
Adjournment debates are general debates which do not end in a vote. They give a backbench MP the opportunity to raise an issue and receive a response from a government minister.
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