Chris McDonald

Chris McDonald

Labour — Stockton North

Speaking in the House of Commons on 22 June 2026

Debate

British Coal Staff Superannuation Scheme

Contribution

Yes, I will say more about the work I am doing with the trustees and the timing, as my hon. Friend rightly requests. The Government are implementing the recommendations of the BEIS Committee report from 2021 in respect of the British Coal staff superannuation scheme and the mineworkers’ pension scheme, and we continue to provide a guarantee to the British Coal staff superannuation scheme, ensuring that scheme members’ pensions will always be paid after retirement. We have transferred the £2.3 billion reserve within the scheme for use as a bonus pension. This led to a 41% increase in pension incomes last December, backdated to November 2024. On average, that meant an extra £100 a week for scheme members, and I know that money will be spent in coalmining communities. That is direct support for pensioners and local communities that powered our country for decades. I am clear, however, that there is still more to do. The Government are discussing proposals for future arrangements for the scheme, including the potential for future surpluses to be used to enhance the benefits for the trustees. The hon. Member for Ashfield asked me if I would commit to working with the trustees, and I can tell him simply: I will, and I am. On timing, he asked me whether the decision will be made at the Budget. I of course leave decisions at the Budget to the Chancellor of the Exchequer, but she is incredibly supportive of the work that I am doing, and I place on the record her support for me in my work and for mining communities.

More from Chris McDonald

Other recent Hansard contributions by the same speaker.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

For Chris McDonald's full parliamentary record including voting history, expenses and all other contributions, see the Chris McDonald report card.

Partner sites