Ex-mineworkers call on UK government to release pension reserves

Published On Jan 13, 2025, 5:59 PM

Former Welsh miners are urging the UK government to release £2.3 billion held in pensions to support more than 3,000 retirees affected by previous governmental policies. The demand highlights a disparity between two pension schemes related to the coal mining industry, with ex-miners feeling neglected and unjustly treated. Currently, while one scheme (Mineworkers Pension Scheme) has had its funds released, the British Coal Staff Superannuation Scheme is still awaiting the same treatment. The urgency of the situation is emphasized by the aging beneficiary population, as many miners are in financial distress due to rising living costs.