Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
Guest 1535- Registered: 27 May 2015
- Posts: 399
Its a bloody digrace and all the blood, sweat, scars and health problems to top it all. Taking money from miners out of pension. My dad was a miner he suffered and fought in the protests as I did with him and near starved his family & children by Maggie Thatcher at that. Eating forgien food sent to us in UK and handouts, because they were fighting for their rights.
I hope people sign the petition everyone who reads this post because it was the coal dug by miners that run this country back in its time.
If only everyone could be kind and honest what a better world we would be in.
Captain Haddock
- Location: Marlinspike Hall
- Registered: 8 Oct 2012
- Posts: 8,167
Grateful to know facts about miner pensions.
I was lead to believe that they enjoy a final salary based pension based on years of service which is fully index linked which is beyond the dreams of most of us and that there are no proposals to change this?
Have I been misinformed?
Button likes this
"We are living in very strange times, and they are likely to get a lot stranger before we bottom out"
Dr. Hunter S Thompson
Reginald Barrington
- Location: Dover
- Registered: 17 Dec 2014
- Posts: 3,259
What you mean: even if say like the pot was in deficit or something?
Arte et Marte
Paul Watkins- Location: Dover
- Registered: 9 Nov 2011
- Posts: 2,226
There was a chap called Gordon Brown who was the instigator of removing surplus funds from the pension.
The fund was/still is in surplus & had more than enough surpluses to meet full legal requirements.
It was estimated it would still be in surplus when the last of the entitled recipients had passed away.
The question then becomes where do the funds residual surpluses go?
No doubt to the Treasury.
Captain Haddock- Location: Marlinspike Hall
- Registered: 8 Oct 2012
- Posts: 8,167
Correct Paul. Especially when the pensions have been guaranteed by HMG.
"We are living in very strange times, and they are likely to get a lot stranger before we bottom out"
Dr. Hunter S Thompson
Button
- Location: Dover
- Registered: 22 Jul 2016
- Posts: 3,065
I was under the impression that it was normal for employers with Defined Benefits pension schemes to be able to liaise with the scheme trustees regarding the return of some element of surpluses. In this case the current split is reported as being 50:50.
(Not my real name.)
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
The starting negotiations to guarantee the miners pension funds started at 50 /50 .
UK governments guarantee is normally set at around 15 % of profits,,, a vote was taken by the representatives at the time, 5 government representatives 4 NUM miners’ union representatives, and 1 man the breakaway Nottingham miners’ union UDM? Representative.
The UDM man voted with the government 6 to 4 .????
To date this has cost the mine workers over £8 billion, the cash going to the government from a private pension fund.
Sir Philip green & Robert Maxwell would be envies of this bunch.
And Paul’s right labour have had their hand in the pie too.
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
only need another 3'500 votes,, tag your friends
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
only need 2000 more !!!
Pablo- Registered: 21 Mar 2018
- Posts: 614
Should this thread not appear under the political forum?
Guest 745- Registered: 27 Mar 2012
- Posts: 3,370
lots of ex-miners and families in Dover,, whats the problem?
Pablo- Registered: 21 Mar 2018
- Posts: 614
Because it’s a political issue which is not limited to the Kent coalfields.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
Peter is technically correct but the issue is close to home for many of the miners and their families around Dover.