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Government Intervention in Coal Mining Seven Decades Ago No Justification for Pension Bailout Today

Government Intervention in Coal Mining Seven Decades Ago No Justification for Pension Bailout Today
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The Miners Pension Protection Act: A Pension Safeguard or a Taxpayer Bailout of One Private Union Pension Plan?

Sold as a bill to protect retired coal miners’ pensions, the Miners Pension Protection Act (H.R. 935)REF and the American Miners Act of 2019 (S.

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There s No Such Thing As a Limited Bailout: An Important Lesson from the United Mine Workers of America

Tacked onto the massive omnibus spending bill moving through Congress is an expanded bailout for select retired coal miners one that amounts to $1.7 billion, or $100,000 of taxpayer dollars per beneficiary just within the next 10 years! So how did one particular coal-mining union the United Mine Workers of America manage to secure an unprecedented federal bailout? And what’s the lesson here?

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Congress Can Help Pensioners, But Not Through a Bailout

Congress can protect pensioners and taxpayers by requiring sound administration of pension plans and ensuring the solvency of the PBGC.

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Lawmakers release fiscal 2022 spending deal

The first spending package under President Biden and a Democratic majority is less ambitious than originally envisioned.

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