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The decline of the coal industry and miners that contribute to the UMWA Health and Retirement Funds, results in their inability to provide coverage for retired coal miners. [ 4 ] [ 5 ] The Miners Protection Act would provide an increase in funds to the organizations that support retired coal miners, such as the United Mine Workers of America ...
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]
The UMWA took action against Pittston's new plan of operation and offered to reach a settlement. The coal company stayed quiet, and when the time came to renew the health care and retirement benefit plans for its workers, Pittston refused. [4] The refusal to renew the contract left about 1,500 people without health care.
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 ...
Two years later, in 1962, the UMWA Health and Retirement Funds closed all ten of its hospitals and took away the miners' medical cards. This kept the miners from being able to have access to proper medical care. [4] This led to great unrest among coal miners and their families, leading to the Roving Pickets Movement.
“You should try to increase your retirement plan investments if you are over 50 and can take advantage of catch-up options for your 401(k) or IRA funds,” Kibbel said.
It is easier to take up to $1,000 out of retirement plan savings to help with an emergency under a new rule from the Internal Revenue Service. The IRS announcement clarifies a 2022 law that aimed ...
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.
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