{"id":286617,"date":"2025-11-27T19:07:10","date_gmt":"2025-11-27T19:07:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/286617\/"},"modified":"2025-11-27T19:07:10","modified_gmt":"2025-11-27T19:07:10","slug":"sunderland-ex-mineworker-elated-by-pension-cash-announcement","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/286617\/","title":{"rendered":"Sunderland ex-mineworker &#8216;elated&#8217; by pension cash announcement"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">A former mineworker said he was &#8220;elated&#8221; when the government announced it will share out surplus pension fund money held for over 30 years.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Stuart Porthouse from Sunderland, who spent 32 years working at five collieries in north-east England, said Rachel Reeves&#8217; Budget announcement that members of the British Coal Staff Superannuation Scheme (BCSSS) will receive \u00a32.3bn will allow people to &#8220;enjoy the rest of their lives&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The cash has been held by the government since 1994 when the mining industry was privatised.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Ian Lavery, Labour MP for Blyth and Ashington and a former president of the National Union of Mineworkers, said it was &#8220;fantastic news&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"A former mineworker said he was &#8220;elated&#8221; when the government announced it will share out surplus pension fund&hellip;\n","protected":false},"author":2,"featured_media":286618,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,4176,4174,4175,56,54,55],"class_list":{"0":"post-286617","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-personal-finance","11":"tag-personalfinance","12":"tag-uk","13":"tag-united-kingdom","14":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/286617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=286617"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/286617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/286618"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=286617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=286617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=286617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}