Source · Select Committees · Business and Trade Committee
Recommendation 8
8
Paragraph: 47
Given that the Scheme has continued to produce strong returns despite the 2008 Financial Crisis...
Conclusion
Given that the Scheme has continued to produce strong returns despite the 2008 Financial Crisis and the COVID-19 pandemic, there is little reason to believe the Government will be required to pay into the Scheme before it is wound-up. Even if, in extremis, the Government is required to financially contribute at some point in the future, realistically its contribution will not come close to the (at least) £6.3bn it is currently due to receive in total.
Paragraph Reference:
47
Government Response
Acknowledged
HM Government
Acknowledged
Mineworkers’ Pension Scheme: Government Response 3