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The 1950 Benefit Pension Trust was created for workers retiring before 1976; the 1974 Pension Trust, for workers retiring after 1975; the 1950 Benefit Trust, provides medical and death benefits for workers retiring after 1975 and their dependents; and the 1974 Benefit Trust, providing medical and death benefits for workers retiring after 1975 ...
Discipline (including loss of health and pension benefits) and/or discharge for any employee who participated in or caused a wildcat strike, but no punishment for honoring the picket line established by a wildcat strike. [11] [15] Guaranteed payment of health and retirement benefits, even if the union's health and pension funds were depleted.
Health and retirement benefits for the miners and their families were earned in 1946. [9] In 1969, the UMWA convinced the United States Congress to enact the landmark Federal Coal Mine Health and Safety Act, which provided compensation for miners suffering from Black Lung Disease. Relatively high wages for unionized miners by the early 1960s. [10]
Jun. 5—MORGANTOWN — Since talk of potential United Mine Workers of America representation in the county assessor's office became public in late April, members of the Monongalia County ...
Wildcat strikes significantly reduced the tonnage mined, and reduced the revenues flowing into the UMWA health and pension plans. The employers argued they should not make higher payments to offset the effect of the wildcat strikes. [1] No new agreement was reached when the 1971 agreement expired, and UMWA struck on November 12, 1974.
Voluntary private collective pension provision; Voluntary private individual pension provision Georgia: Basic pension: N/A: N/A: N/A Germany: Social assistance: Social insurance system: Voluntary occupational pension insurance: Private pension schemes Hong Kong: Basic pension: Provident fund system: N/A: N/A Hungary: Social assistance: Private ...
Variable annuities are insurance contracts designed not only to provide regular income during retirement but also a death benefit to the policyholder's beneficiaries. The latter ensures that a ...
Increasing death benefit option: Some universal life (UL) policies offer an increasing death benefit, where the death benefit grows alongside the cash value. This option can provide greater long ...