<p>Miners Pension Scheme</p>

Part of 2. 1. Questions to the First Minister – in the Senedd at 2:25 pm on 24 May 2016.

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Photo of Carwyn Jones Carwyn Jones Labour 2:25, 24 May 2016

Well, this is one of those pension funds, few though they are, that has been so successful that it’s provided more money than was anticipated for the UK Government. And that clearly can’t be right. We will be guided by the NUM, because they have called for a review, and rightly so. I know that they will be meeting soon with the scheme’s trustees as well to re-examine this. But, no, certainly, it can’t be the case that the miners pension fund should be seen as a way of generating money for the UK Government. And much more needs to be done to make sure there is a benefit for those who are recipients of pensions to ensure that they get a fair share of the pension fund’s profits. That is not the case at the moment and we’ll support the NUM in their call for a review.