Kwasi Kwarteng corrected a written answer on Mineworkers' Pension Scheme

15 April 2021 · Commons written answer · Department for Business, Energy and Industrial Strategy

Stephanie Peacock (Labour, Barnsley East) asked written question 99079 on 5 October 2020. Kwasi Kwarteng answered on 8 October 2020 for the Department for Business, Energy and Industrial Strategy, and Kwasi Kwarteng corrected the answer on 15 April 2021. The figure £3,411.8m in the original became £3,111.8m in the correction. Altogether 2 words differ between the two versions.

The question

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much the Government has received from its share of the surplus from the Mineworkers' Pension Scheme since the surplus-sharing arrangement was agreed.

Original and corrected answer

Struck through: original only. Bold: correction only.

Original	Corrected
Since the agreement was reached in 1994, the Government has received ~~£3,411.8m~~ as its share of surpluses. This is in return for the provision of the guarantee that ensures pensions are paid. The guarantee has enabled an investment strategy that has resulted in scheme members receiving payments 33% higher than they would have been if they received only their actual earned pension up to privatisation.	Since the agreement was reached in 1994, the Government has received £3,111.8m as its share of surpluses. This is in return for the provision of the guarantee that ensures pensions are paid. The guarantee has enabled an investment strategy that has resulted in scheme members receiving payments 33% higher than they would have been if they received only their actual earned pension up to privatisation.

Original

Corrected

Since the agreement was reached in 1994, the Government has received ~~£3,411.8m~~ as its share of surpluses. This is in return for the provision of the guarantee that ensures pensions are paid. The guarantee has enabled an investment strategy that has resulted in scheme members receiving payments 33% higher than they would have been if they received only their actual earned pension up to privatisation.

Since the agreement was reached in 1994, the Government has received £3,111.8m as its share of surpluses. This is in return for the provision of the guarantee that ensures pensions are paid. The guarantee has enabled an investment strategy that has resulted in scheme members receiving payments 33% higher than they would have been if they received only their actual earned pension up to privatisation.

The question and answer on the Parliament website.

Receipt

Read from	https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1240476?expandMember=true
Date read	15 October 2026
SHA-256	`2f786a16220260078353bff2d4fe27121e3d0c9b3eee155ee1a370fa3096388e`