Meeting Trustees of the Mineworker's Pension Scheme

I attended a meeting with the trustees of the Miner’s Pension Scheme (MPS) in Parliament.

The MPS is an arrangement made by the Tory Government and the trustees of the British Coal pension schemes in 1994, in which half of the surplus made by the MPS goes to the Government.

Since 1994, the Government has made £3.36bn from the scheme, despite not making any contributions.

Along with a number of other Labour MPs, we agreed to work with the trustees to get a better deal and a bigger share of the surplus for former miners, including many in Barnsley.