8 Not Addressed

Given that the Scheme has continued to produce strong returns despite the 2008 Financial Crisis...

Conclusion
Given that the Scheme has continued to produce strong returns despite the 2008 Financial Crisis and the COVID-19 pandemic, there is little reason to believe the Government will be required to pay into the Scheme before it is wound-up. Even if, in extremis, the Government is required to financially contribute at some point in the future, realistically its contribution will not come close to the (at least) £6.3bn it is currently due to receive in total.
Government Response Summary
The government response consists only of a title and does not address the committee's conclusion regarding the Mineworkers’ Pension Scheme's financial health and the likelihood of government contributions.
Paragraph Reference
47
Government Response
Not Addressed
HM Government Not Addressed
Mineworkers’ Pension Scheme: Government Response 3
Addressee Bodies
Department for Business and Trade
Timeline
Recommendation age 5.3 yrs
Report published 29 Apr 2021