Autumn Budget 24: Labour affirms Mineworkers Pension Scheme manifesto pledge

Government announces it will fulfil manifesto pledge to give mineworkers ‘fair pensions’

Martin Richmond
clock • 2 min read
Picture by Lauren Hurley / DESNZ
Image:

Picture by Lauren Hurley / DESNZ

Chancellor Rachel Reeves has confirmed the government will transfer the Investment Reserve Fund in the Mineworkers Pension Scheme (MPS) to the scheme’s trustees.

In her Budget speech to parliament today (30 October), the chancellor said the government would ensure the members of the mineworkers' scheme receive a "fair pension", fulfilling a pledge the party...

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