Context
The MP noted concerns about the potential impact of changes to the mineworkers' pension scheme on living standards, referencing a historical injustice.
Question
What assessment has been made of the potential impact of changes to the mineworkers' pension scheme on the living standards of recipients?
Answer from Ed Miliband
In the Budget, the Government decided to transfer the mineworkers' pension scheme investment reserve to members of the scheme. At the end of last month, the first increase in payments was made to over 100,000 ex-miners and their families, representing an extra 32% rise in people's pensions each month—an average of £29 per week.
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