Coal Industry Retiree Health Benefit Act of 1992

Hearing before the Subcommittee on Oversight of the Committee on Ways and Means, House of Representatives, ... Congress, first session, June 22, 1995 by United States

Publisher: For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office

Written in English
Cover of: Coal Industry Retiree Health Benefit Act of 1992 | United States
Published: Pages: 198 Downloads: 523
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The Physical Object
Number of Pages198
ID Numbers
Open LibraryOL7375597M
ISBN 10016054257X
ISBN 109780160542572
OCLC/WorldCa36971099

Michael D. Glass has concentrated his practice in labor and employment law and litigation since Mr. Glass has practiced with particular emphasis on union avoidance campaigns and contract negotiations, National Labor Relations Board proceedings, and both state and federal court litigation related to labor matters, including ERISA litigation concerning pension and welfare benefit plans. Id. at Congress responded in by enacting the Coal Industry Retiree Health Benefit Act of , Pub.L. No. , Stat. , (codified at 26 U.S.C. §§ ). The overarching purpose of the Act was to establish a system whereby each current and former signatory operator--that is, each operator that "is or was a. The Coal Industry Retiree Health Benefit Act of (Coal Act or Act), 26 U. S. C. § et seq. ( ed. and Supp. V), authorizes the Commissioner of Social Security (Commissioner) to assign responsibility for providing health care benefits for certain retired coal miners and their beneficiaries.   Judge gives Patriot Coal OK to cut benefits also said that the company's obligations under the Coal Industry Retiree Health Benefit Act, and to retirees who receive black lung benefits.

  A.T. Massey Coal Company, Massey Coal Services, Peerless Eagle Coal Company, and Tennessee Consolidated Coal Company (the "Massey Plaintiffs") appeal the decision of the district court that rendered them liable for the benefits of certain beneficiaries under the Coal Industry Retiree Health Benefit Act of , 26 U.S.C. § § (the.   The sale has not affected about 2, retirees, whose health benefits are covered under a law known as the Coal Act that created a benefit fund financed by coal companies.   The Justices will decide how far the Coal Industry Retiree Health Benefit Act goes in protecting beneficiaries even at the expense of successor . See Coal Industry Retiree Health Benefit Act of (“Coal Act”), Pub. L. No. , Stat. , (). Even before the Coal Act, coal companies struggled to pay the cost of these benefits. Unfortunately, this problem has grown more severe as coal revenues have declined and health care costs have Size: KB.

This appeal raises the question whether Section of the Coal Industry Health Benefit Act of , 26 U.S.C. § et seq., requires a coal operator that is no longer "in business" to contribute to the United Mine Workers of America Benefit Plan. The district court held that it does. The Coal Industry Retiree Health Benefit Act of (Coal Act or Act) includes the present 26 U. S. C. § (a), providing generally that the Commissioner of Social Security "shall, before October 1, ," assign each coal industry retiree eligible for benefits to an extant operating company or a "related" entity, which shall then be.   A fund guaranteeing health coverage and pensions to retired mine workers is about to run dry. Congress has been reluctant to pick up the tab. Democrats from coal country say it's time to act.   Make retirees who lose health care benefits following the bankruptcy or insolvency of his or her employer eligible for the Benefit Plan, which was established under the Coal Act of to provide health benefits to retired or disabled miners and their families.

Coal Industry Retiree Health Benefit Act of 1992 by United States Download PDF EPUB FB2

Rows  Coal Industry Retiree Health Benefit Act of Pub.title XIX, subtitle C (Sec. et seq.), Oct. 24,Stat. (26 U.S.C. et. Coal Industry Retiree Health Benefit Act of hearing before the Subcommittee on Oversight of the Committee on Ways and Means, House of Representatives, One Hundred Fourth Congress, first session, J Get this from a library.

Development and implementation of the Coal Industry Retiree Health Benefit Act of [United States. Congress. Coal Industry Retiree Health Benefit Act of 1992 book. Committee on Ways and Means.;]. Coal Industry Retiree Health Benefit Act of hearing before the Subcommittee on Oversight of the Committee on Ways and Means, House of Representatives, 4.W Coal Industry Retiree Health Benefit Act of 4.W The Coal Industry Retiree Health Benefit Act (the “Coal Act”) was passed by Congress and signed by President George H.W.

Bush in It provides funding for health care benefits of UMWA retirees, their dependents and surviving spouses when the company they retired from is no longer in business. The Coal Act only covers health care for miners who retired before October 1, Coal Industry Retiree Health Benefit Act of (Coal Act).

1 The Coal Act replaced the existing UMWA retiree health benefit funds with the Combined Benefit Fund (CBF) and the Benefit Plan—collectively referred to in this report as the Funds.

2 The act specified how each fundFile Size: KB. Coal Industry Retiree Health Benefit Act of - Amends the Internal Revenue Code to establish the Coal Industry Retiree Health Benefit Corporation to administer a program for the provision of retiree health benefits in the coal industry.

Establishes the Coal Industry Retiree Benefit Fund for the deposit of all amounts received by the. the Coal Act in late The Coal Act is unique in the annals of employee benefits legislation.

Despite the extensive regulation of pension and benefit plans under ERISA, including the requirement that employers withdrawing from pension plans pay withdrawal liability and meet other funding obligations, 7 ERISA didFile Size: KB.

To ensure that these individuals would continue to receive the health benefits specified in previous collective bargaining agreements reached with coal companies, often gained in exchange for lower pensions, Congress enacted the Coal Industry Retiree Health Benefit Act of (Coal Act).

The Coal Act replaced the existing UMWA benefit funds with the Combined Benefit Fund (CBF) and the Benefit. The Combined Fund, a multi-employer fund, subsidizes health benefits for eligible coal industry retirees who, on Jwere already receiving benefits from the UMWA Benefit Plan or the UMWA Benefit Plan.

The Coal Act was established in to address the underfunding of United Mine Workers of America (UMWA) health plans and to shore up funding for the lifetime health care of coal retirees.

The Coal Industry Retiree Health Benefit Act of restructured the system for providing private health care benefits to coal industry retirees by merging two previous benefits plans into the United Mine Workers of America Combined Benefit Fund.

Description of impact of providing medical and death benefits under Coal Industry Retiree Health Benefit Act of Coal Industry Retiree Health Benefit Act ofEstimated Amount of Obligation $ instant: credit: Amount of obligation for medical and death benefits to be provided under Coal Industry Retiree Health Benefit Act of Coal.

Official Publications from the U.S. Government Publishing Office. Title Employees' Benefits; Chapter III. SOCIAL SECURITY ADMINISTRATION; Part ORGANIZATION AND PROCEDURES; Subpart G.

Administrative Review Process Under the Coal Industry Retiree Health Benefit Act of Under the Coal Industry Retiree Health Benefit Act of in the Context of Judicial Review: Overton Park, Private Rights and Limits on Informal Agency Authority By H. Kent Hendrickson Under the Coal Act [1] — The Coal Act Contains No Express or Implied Grant.

In Congress passed the Coal Industry Retiree Health Benefit Act of which required former Coal Operators to pay into the pension in certain situations when the former employee had worked for the company. Such requirement was in place even when the operator no longer was in the Coal : Kennedy.

The liabilities under question are the payments Murray Energy makes to the Coal Industry Retiree Health Benefit Act, otherwise known as the Coal Act, that covers the health. Nov 1, S. (th). An original bill to amend the Internal Revenue Code of to maintain retiree health benefits under the Coal Industry Retiree Health Benefit Act of and adjust inequities related to the United Mine Workers of America Combined Benefit Fund.

Ina database of bills in the U.S. Congress. Download all the Coal Industry Retiree Health Benefit Act icons you need. Choose between Coal Industry Retiree Health Benefit Act icons in both vector SVG and PNG format.

Related icons include health icons, medical icons, industry icons, hospital icons, healthcare icons, medicine icons, care icons, factory icons, fitness icons, doctor icons, heart icons. Shown Here: Introduced in Senate (04/08/) United Mine Workers of America Retiree Health Benefit Act of - Amends the Employee Retirement Income Security Act of (ERISA) and the Internal Revenue Code (IRC) to assure provision of health care to retired members of the United Mine Workers of America (UMWA) Union and their family dependents who receive health care benefits from the.

The dispute involves a fund set up under the Coal Industry Retiree Health Benefit Act, which Congress passed in response to changes in the coal industry that threatened to end health benefits.

Facts of the case Under the Coal Industry Retiree Health Benefit Act ofthe Commissioner of Social Security "shall, before October 1, ," assign each coal industry retiree eligible for benefits under the Act to a company, which shall then be responsible for funding the beneficiary's benefits.

Congress has, however, stepped in to bail out the miners’ health fund before. InCongress passed the Coal Act, which provided funding for health-care benefits of. The trustees of a health benefit plan created by the Coal Industry Retiree Health Benefit Act of claim that Penn Allegh Coal Company is obliged to pay premiums to the plan because it is responsible, under section (b) of the Act as codified, 26 U.S.C.

§ (b) (), for the continuing payment of the health benefits due a former employee under an earlier industry-wide labor agreement. The Coal Industry Retiree Health Benefit Act of stated that "The Commissioner of Social Security shall, before October 1,assign each coal industry retiree eligible for benefits under the Act to an extant operating company responsible for funding the beneficiary's benefits."Citations: U.S.

(more) S. ; L. With the aid of a study on the issue by a Department of Labor commission, 1 Congress passed the Coal Industry Retiree Health Benefit Act (“the Act”), Pub.L.Stat. (), codified at 26 U.S.C.

§§ (). The purpose of the Act was to remedy the problems in funding health care benefits for the beneficiaries. To ensure that these individuals would continue to receive the health benefits specified in previous collective bargaining agreements reached with coal companies, often gained in exchange for lower pensions, Congress enacted the Coal Industry Retiree Health Benefit Act of (Coal Act).

The Coal Industry Retiree Health Benefit Act of required Arch Coal, as a person related to a last signatory operator, to provide security, and the security previously provided on behalf of Arch Coal's former subsidiaries does not satisfy that requirement.

The Coal Industry Retiree Health Benefit Act of (Coal Act or Act), 26 U. et seq. ( ed. and Supp. V), authorizes the Commissioner of Social Security (Commissioner) to assign. of benefits under the terms of the Coal Industry Retiree Health Benefit Act of (“Coal Act”) Employer Benefit Plan maintained pursuant to Section of the Internal Revenue Code.

Background Facts The Complainant purchased two hearing aids for $5, from a non-participating vendor in December   Second, a controversial bankruptcy case is putting thousands of retirees' health benefits at risk.

Back in andtwo of the largest U.S. mining companies, Peabody Energy and Arch Coal.I'm specifically interested in those who might have been affected in when LTV tried not to pay into the fund established by the Coal Industry Retiree Health Benefits Act of My number is and my email address is [email protected] Thank you, Stephanie Saul.