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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, how much was paid to the Government from the Mineworkers' Pension Scheme surplus in each year since 1994. - Inc table.
Answer

Mr. Alasdair Morgan: To ask the Secretary of State for Trade and Industry how much was paid to the Government from the mineworkers' pension scheme surplus in each year since 1994. [148129] Mr. Hain: Under the terms of the guarantee/surplus sharing arrangements agreed with the trustees of the mineworkers' pension scheme (MPS), the Government are entitled to receive 50 per cent. of any scheme surpluses. Annual Government receipts following surpluses at MPS valuation in 1996 and 1999 are as follows: _________________________________________________________________________________________________. Year £ million 1994-95 0 199596 0 1996-97 0 1997-98 113 1998-99 113 1999-2000 0 2000-01 257 _________________________________________________________________________________________________.


Secondary information

Type
Written question
Reference
148129; 363 c279W
Session
2000-01
Subjects
Coal Mining Pension funds Mineworkers' Pension Scheme
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk