Monthly Archives: March 2013

History Of The Mineworkers’ Pension Scheme

After irregular pension payments and unsatisfactory benefits of the coal miners, the British Coal finally created a solution for the mine workers. Thus the Mineworkers’ Pension Scheme came into existence on January 1st, 1952. It came out as one of … Continue reading

Posted in Mineworkers Pension Scheme | Leave a comment

How Is Mineworkers’ Pension Scheme Managed

The Mineworkers’ Pension Fund, simply defined as the money the coal miners receive after their retirement phase, is administered through some factors. These factors are described below in terms of their formation as well as their working: Trustees The trustees … Continue reading

Posted in Mineworkers Pension Scheme | Leave a comment

The Coal Miners Pension Theft

Since the Mineworkers Pension Scheme was formed, the government considered it a golden egg-laying hen. They took away 50% of the profits earned by the company which decreased the amount of bonuses the employees received. This scandalous misuse was hugely … Continue reading

Posted in Mineworkers Pension Scheme | Leave a comment