Umwa Benefit Plan Form
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People also ask
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What is the UMWA 1992 benefit plan?
The 1992 Benefit Plan provides health benefits to individuals (and their eligible dependents) who, but for the enactment of the Coal Act, would have been eligible to receive benefits from the UMWA 1950 Benefit Plan or the UMWA 1974 Benefit Plan, based on age and service earned as of February 1, 1993; or are entitled to ...
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What is the UMWA 1993 benefit plan?
Generally, the 1993 Benefit Plan provides health benefits to certain eligible retired mine workers and disabled mine workers who would have been eligible for benefits under the 1950 or 1974 Benefit Plans but for the passage of the Coal Act, and are not eligible for benefits under the Coal Act; and retirees under the ...
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What is the UMWA 1992 benefit plan?
The 1992 Benefit Plan provides health benefits to individuals (and their eligible dependents) who, but for the enactment of the Coal Act, would have been eligible to receive benefits from the UMWA 1950 Benefit Plan or the UMWA 1974 Benefit Plan, based on age and service earned as of February 1, 1993; or are entitled to ...
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Does the UMWA have a death benefit?
In general, Surviving Spouse pensions or Joint & Survivor Annuity benefits may be paid to the eligible spouses of mineworkers who died while receiving, or in some cases while eligible to receive, a pension from the 1974 Pension Plan.
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What kind of insurance is UMWA?
The United Mine Workers of America Health and Retirement Funds. The United Mine Workers of America Health and Retirement Funds (the "Funds") is a group of multi-employer plans that provide health and pension benefits to retired coal miners and their eligible dependents.
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What is the employer's defined benefit plan?
Defined benefit plans provide a fixed, pre-established benefit for employees at retirement. Employees often value the fixed benefit provided by this type of plan. On the employer side, businesses can generally contribute (and therefore deduct) more each year than in defined contribution plans.
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What kind of insurance is UMWA?
The United Mine Workers of America Health and Retirement Funds. The United Mine Workers of America Health and Retirement Funds (the "Funds") is a group of multi-employer plans that provide health and pension benefits to retired coal miners and their eligible dependents.
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How much are UMWA death benefits?
If the plan sponsor determines that benefit reductions are necessary, you will receive a separate notice in the future identifying and explaining the effect of those reductions. Effective October 28, 2014, the Plan's lump sum death benefit was reduced to $5,000 for eligible beneficiaries.
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