Source · Select Committees · Business and Trade Committee
Recommendation 12
12
Not Addressed
Paragraph: 54
We are disappointed by the Government’s dismissive approach to proposals to review the existing arrangement.
Recommendation
We are disappointed by the Government’s dismissive approach to proposals to review the existing arrangement. The Minister’s claim of openness is contrary to the approach successive governments have taken since 1994. The Government must approach any future discussions with the Trustees with a genuinely open mind, and with the best interests of the pension members in mind.
Government response summary AI-generated
The government did not address the recommendation about approaching future discussions with an open mind, instead acknowledging the harsh conditions miners faced and past compensation efforts for health issues.
Summary of the government's response below — read the verbatim text to verify.
Paragraph Reference:
54
Government Response
Not Addressed
HM Government · verbatim extract
Not Addressed
22. The Trustees have been clear that they would prefer to retain the guarantee rather than take 100% of future surpluses. In the changes to the Scheme that they suggested in 2019, which were agreed by the Government, they prioritised the protection of bonuses that had accrued over changing the surplus sharing arrangements.
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