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  • Nervous and scared Coal workers fear for pensions after
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    nbsp 0183 32 That plan provides pension benefits to about 87 000 retired miners and surviving spouses who collect an average monthly pension of about 600...

  • Coal mines PFO to impose levy on member companies
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    nbsp 0183 32 A portion of this contribution goes into a pension fund that provides a steady pension According to the last actuarial study the pension fund was expected to completely go dry by 2023 The study indicated that employees and member companies jointly needed to increase their contribution by some 14 for the fund to sustain in the long run...

  • Coal bankruptcy will likely hit miner pensions
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    nbsp 0183 32 If the bankruptcy court allows Murray Energy to discontinue payments into the pension fund as is expected the result will be quot catastrophic for the 120 000 coal miners and retirees and their...

  • Nervous and scared Coal workers fear for pensions after
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    nbsp 0183 32 That s because the PBGC is not required to cover 100 of multiemployer pension plans like the coal industry s And in any case the agency doesn t have...

  • Coal miners going begging for help with failing pension
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    nbsp 0183 32 Coal mining is a dying industry employing fewer miners than the number of employees remaining at the bankrupt Sears And everything that Trump has done to deregulate the industry...

  • Tyne and Wear Pension Fund shifts to sustainable strategies
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    nbsp 0183 32 Tyne and Wear Pension Fund South Shields England shifted 163 650 million 802 million into Legal amp General Investment Management s future world index equity strategies a...

  • Coal dump Australian pension giant seeks to clean up
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    nbsp 0183 32 Fund has divested from companies that get more than 10 of revenue from thermal coal mining including Anglo American Plc Exxaro Resources Ltd Whitehaven Coal Ltd...

  • Pension Funds Adjust Investment Return Targets as
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    nbsp 0183 32 With more modest expectations consensus is rising among government and industry economists that pension funds will see lower long-term investment returns over the next 10 to 20 years Returns on bonds which account for about 25 percent of pension fund assets are also projected to be lower than historical averages...

  • Top 5 Precious Metals Mutual Funds
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    nbsp 0183 32 The fund s manager Shanquan Li invests in the stocks of mining companies that are focused on gold and other precious metals The fund has...

  • Spending bill poised to rescue some workers pensions
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    nbsp 0183 32 Plus cutting benefits would hit mineworkers with an average pension of 4 000 a year hard he said quot You don t want mineworker retirees instead of...

  • Pension Funds Definition Types Top 10
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    nbsp 0183 32 Pension funds are investment pools that pay for workers retirements Funds are paid for by either employees employers or both Corporations and all levels of government provide pensions Key Takeaways Companies reduce pension fund risk by relying on fixed...

  • Emerging markets put at top of investment list for
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    nbsp 0183 32 The Ontario fund is not the only megaplan in Canada targeting emerging markets for new investment opportunities By 2025 the Canada Pension Plan Investment Board Toronto which had...

  • Miners pension funding will get a vote this week in
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    nbsp 0183 32 First District Congressman David McKinley said by the end of the week there will finally be peace for 100 000 retirees widows and families who depend on the UMWA pension fund This agreement to keep the promise to our retired miners comes as a result of a years-long bipartisan effort that I have been proud to lead in the House McKinley said...

  • Coal is over the miners rooting for the Green New Deal
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    nbsp 0183 32 Over 34 000 coal mining jobs in the US have disappeared over the past decade leaving around 52 000 jobs remaining in the industry despite several promises made by...

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