For decades, being a coal miner has come with a deal: Work in dangerous, unpleasant conditions for years, and in exchange, get lifelong health-care benefits and a decent pension. Now, though, part of that deal is jeopardy, as the funds that provide those benefits have dwindled.
When Congress returns next week, legislators will be under intense pressure to fund health-care benefits and pension plans for coal miners that are otherwise set to expire at the end of April. The United Mine Workers Association is urging Congress to pass the Miners Protection Act, which would use money from a fund dedicated to cleaning up abandoned mines to instead shore up former mine workers’ health care and pension plans, which have been decimated as coal companies have filed for bankruptcy and stopped contributing to health-care and pension funds. America has a “moral commitment” to the nation’s retired miners, UMWA president Cecil E. Roberts wrote in a statement last month.
But does it really? The miners argue that Congress has an obligation to step in because of a deal signed between the federal government and the United Mine Workers in 1946 to end a nationwide strike. The federal government had taken control of the mines, and in order to get the miners to return to work, United Mine Workers president John King and Interior Secretary Julius Krug signed a deal that required coal companies to pay into a pension fund and a health insurance fund for miners. Today, the United Mine Workers of America refers to that deal as “The Promise,” and says that it means that the government (since Secretary Krug was one of the signees) committed to providing miners with health care and pensions for life.
But Congress is in a tight spot. If it bails out the miners, why stop …read more
Source:: The Atlantic – Business