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Early day motion tabled by primary sponsor Michael Clapham (Labour), on Thursday, 13 February 2003, in the House of Commons. It is signed by 83 members in total.


MINERS PENSION FUND SURPLUSES

That this House recognises that the Treasury is finally proposing new ways of guaranteeing miners' pensions for the future but, according to the Coalfield Communities Campaign's latest calculation is still due to take ??3.5 billion historical surpluses out of the two schemes at a time when many retired miners are struggling to make ends meet; and requests that Her Majesty's Government give consideration to leaving more of the past surpluses with the schemes to be used to increase pensioner incomes and also introduce a fairer division of future surpluses in accordance with the recent asset and liability study recommendation, whilst continuing to provide support to help renew and rebuild mining communities.


Secondary information

Type
Early day motion
Reference
744 
Session
2002-03
Subjects
Mining Pension funds Mineworkers' Pension Scheme Surpluses
Link
View this Early day motion on www.parliament.uk