Labour Government ends miners pension injustice by returning the BCSSS miner investment reserve to former mineworkers and their families

Labour Government ends miners pension injustice by returning the BCSSS miner investment reserve to former mineworkers and their families

151 mineworkers and their families in Stoke-on-Trent Central finally have the investment reserve from their pension scheme transferred to them, ending an historic injustice and boosting their pensions by an average of £100 a week.

It is a longstanding campaign ask from ex-pit workers, building on previous action taken on the Mineworkers’ Pension Scheme

Ed Miliband, Secretary of State for Energy Security and Net Zero, paid tribute to the “communities who powered our country” and the campaigners who pushed for action saying: “We owe the mining communities who powered this country a debt of gratitude. I am delighted that we are rightfully transferring the BCSSS investment reserve back to former mineworkers.”

He confirmed that the move will mean a 41% per cent boost to the annual pensions of 40,000 former mineworkers across the UK – an average increase of £100 per week for each member.

Gareth Snell, MP for Stoke-on-Trent Central welcomed the announcement, saying: “For too long former miners in Stoke-on-Trent have had to wait for the pension settlement they deserve. Labour has now ended this injustice for these former workers and their families and delivered what is rightfully owed back to them.”