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Centre for Policy on Ageing | |
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It's the miners money! miners' pension fund surpluses and the Treasury's windfall | Corporate Author | Coalfield Communities Campaign |
Publisher | Coalfield Communities Campaign, Barnsley, [1999] |
Pages | 23 pp |
Source | Coalfield Communities Campaign, 9 Regent Street, Barnsley S70 2EG. |
Keywords | Private pensions ; Taxation ; Mining industry. |
Annotation | Every year, the Treasury takes more than £400 million out of miners' pensions funds, equivalent to nearly £1,000 per scheme member. At the same time, many retired miners still struggle on low incomes. This document explains why, in exchenge for its continuing but low-risk guarantee, the Government should take a smaller share of pension fund surpluses to leave more for the pensioners. Moreover, a larger proportion of what the Government does receive should be ploughed back into coalfield communities. (RH). |
Accession Number | CPA-040107205 B |
Classmark | JK: WS: X8 |
Data © Centre for Policy on Ageing |
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...from the Ageinfo database published by Centre for Policy on Ageing. |
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