Written question asked by Alasdair Morgan (Scottish National Party) on Monday, 29 January 2001, in the House of Commons. It was due for an answer on Thursday, 15 February 2001. It was answered by Lord Hain (Labour) on Thursday, 15 February 2001 on behalf of the Department of Trade and Industry.

Dept of Trade and Industry

Question: To ask the Secretary of State for Trade and Industry, what surpluses have been received by the Government in each of the past five years from the British Coal Staff Superannuation Scheme. - Includes figures and table.

Answer: Mr. Alasdair Morgan: To ask the Secretary of State for Trade and Industry what surpluses have been received by the Government in each of the past five years from the British Coal staff superannuation scheme. [148130] Mr. Hain: Under the terms of the guarantee/surplus sharing arrangements agreed with the trustees of the British Coal staff superannuation scheme (BCSSS) in 1994, the Government are entitled to receive 50 per cent. of any scheme surpluses. Annual Government receipts following surpluses at BCSSS valuations in 1995 and 1997 are as follows: _________________________________________________________________________________________________. Year £ million 1994-95 0 1995-96 0 1996-97 39.5 1997-98 39.5 1998-99 107.1 1999-2000 107.1 2000-01 53.9 _________________________________________________________________________________________________.

Secondary information

Type: Written question
Reference: 148130; 363 c278-9W
Session: 2000-01
Subjects: Coal Mining Pension funds Mineworkers' Pension Scheme British Coal Staff Superannuation Scheme
Contains statistics: Yes
Link: View this Written question on www.publications.parliament.uk