‘Historic injustice’ overturned as government hands over £1.5bn to 112,000 ex-miners' pensions

MORE than 100,000 former mineworkers will receive £1.5 billion of money kept from their pensions following the privatisation of British Coal in 1994.
Chancellor Rachel Reeves announced on Wednesday that the government will overturn a “historic injustice” by relinquishing any claim on the Mineworkers Pension Scheme (MPS) Investment Reserve Fund.
This means a 32 per cent increase to the annual pensions of 112,000 former mineworkers, an average increase of £29 per week for each member.
More from this author

Palestine Solidarity Campaign director Ben Jamal denies breaching anti-protest laws
Similar stories

A celebration of the labour and trade union movement will take to the streets of Wakefield in Yorkshire on Saturday, writes Morning Star northern reporter PETER LAZENBY

The workers of the coalfields are the giants whose shoulders we stand on today, says GRAHAME MORRIS MP