Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: TUESDAY, July 10, 1990 TAG: 9007100150 SECTION: BUSINESS PAGE: A3 EDITION: STATE SOURCE: DATELINE: CHARLESTON, W.VA. LENGTH: Short
The agreement allows the diversion of a projected $4.5 million in pension fund contributions during July.
A 1974 health-care fund, the smaller of two financially troubled UMW health care insurance plans, covers about 13,000 beneficiaries in several states and has been in danger of going into the red this year.
A special commission appointed by Labor Secretary Elizabeth Dole at the end of the Pittston Coal strike is studying ways to rescue the financially distressed union health-care plans.
- Associated Press
by CNB