I have joined with MPs on a cross-party basis calling on the UK Government to redress the balance within the Mineworkers’ Pension Scheme. When the scheme was first established it was decided that any yield from the scheme would be split 50/50 between mineworkers and the UK Government.
When British Coal was privatised in 1994, an arrangement was made between the then Government and the trustees of the British Coal pension schemes – the Mineworkers Pension Scheme (MPS) and the British Coal Staff Superannuation Scheme (BCSS) – on their future arrangements.
It was agreed that: Read more “Mineworkers’ Pension Scheme – redressing the balance”
I am supporting Independent Age’s campaign to ensure that older people receive their Pension Credit.
Recent figures published by Independent Age show that an estimated 1,749 older people in Delyn are missing out on a combined £4,468,000 every year.
The campaign is calling on the UK Government see at least 75% of eligible people receive the Pension Credit by the end of 2020, at least 95% by the end of 2022, and 100% by 2025.
Pension Credit is an income-related benefit made up of 2 parts – Guarantee Credit and Savings Credit.
Guarantee Credit tops up your weekly income if its below £167.25 (for single people) or £255.25 (for couples).
Savings Credit is an extra payment for people who saved some money towards their retirement, for example a pension.
In Wales, 80,000 people are missing out on £214million. Read more “Pension Credit”