Financial and Legal Issues Facing the United Mine Workers of America Combined Benefit Fund
AIMD-00-280R
Published: Aug 15, 2000. Publicly Released: Aug 15, 2000.
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Highlights
Pursuant to a congressional request, GAO reviewed the United Mine Workers of America (UMWA) Combined Benefit Fund, focusing on: (1) the status of the Fund's financial position and its financing mechanism; (2) the impact of major court decisions on the assignment of beneficiaries; and (3) significant litigation and its related costs.
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Topics
Coalminers benefitsFinancial analysisFund auditsFunds managementLitigationMining industryRetirement benefitsCoalBeneficiariesBankruptcy