Tony WrightTo ask the Secretary of State for Trade and Industry what the total sum is that has been taken to date by the Treasury from the miners' pension schemes under the terms of the 1994 agreement. [163241]
§ Nigel GriffithsThe receipts from the two schemes since payments began in 1996–97 are as follows:
£ million BCSSS MPS Total 1996–97 39.5 0.0 39.5 1997–98 39.5 113.0 152.5 1998–99 107.1 113.0 220.1 1999–2000 107.1 0.0 107.1 2000–01 110.3 315.0 425.3 2001–02 216.0 196.0 412.0 2002–03 216.0 196.0 412.0 2003–04 216.0 175.0 391.0 Total 1,051.5 1,108.0 2,159.5 The terms of the 1994 agreement have meant that similar amounts have been available to the trustees to award substantial bonuses of around 30 per cent. to the schemes' members.