Rachel has called for faster action on the Mineworkers Pension Scheme. Speaking in parliament, she said:
“I am proud to be the granddaughter of a coalminer, and this Government have done so much already to right historical injustices in the mineworkers’ pension scheme. I welcome the commitment to ending the surplus sharing arrangement and standstill mechanism, but that only rights part of the injustice. Since 1994, successive Governments have taken more than £4.4 billion from the scheme, in return for a guarantee that has cost the public purse nothing. It cannot be right that the remaining £1.2 billion in the guarantor fund has still not been released to benefit former miners and their widows.
“For many, time is running out. I ask again, as I have asked before, that the Chancellor looks at this and delivers justice for mineworkers across the country.”
You can watch a video of the speech by clicking here.
Rachel also recently joined other Coalfield Labour MPs in writing to the Chancellor to call for swift action to deliver pension justice for MPS members.