Lawmakers try again on miners’ pension bill

Lawmakers try again on miners’ pension bill
© Greg Nash

Coal-country lawmakers launched a new effort Tuesday to pass legislation to shore up pensions for thousands of coal miners and their families.

The bipartisan group led by Sen. Joe ManchinJoseph (Joe) ManchinSenate confirms Trump pick William Barr as new attorney general GOP wants to pit Ocasio-Cortez against Democrats in the Senate Senate poised to confirm Trump’s attorney general pick MORE (D-W.Va.) introduced a new bill that would use excess funds meant for mine cleanups and borrow some general Treasury money to pay for pension checks.

The effort revives the heated debate over whether and how to bail out the United Mine Workers of America’s (UMWA) pension fund, which is in danger of going insolvent due to a rash of coal mining company bankruptcies that have reduced the money going into it, putting more than 100,000 beneficiaries at risk.

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Since the pension program originated from a federal government effort, coal-state lawmakers see it as a federal responsibility to keep it solvent.

“It’s time that we keep our promise, that’s all we’re asking for,” Manchin, who is running next year in one of the Senate’s toughest reelection battles, said at a Capitol Hill news conference with retired miners and allied lawmakers.

“We’ve got to fix this, and we’ve got to make sure that we take care of the people who paid for it,” he said.

Sen. Shelley Moore CapitoShelley Wellons Moore CapitoDems slam EPA plan for fighting drinking water contaminants GOP senator: Border deal is 'a very good compromise' Push to include contractor back pay in funding deal hits GOP roadblock MORE (R-W.Va.) and Reps. David McKinleyDavid Bennett McKinleyRepresenting patients’ voices Super PACs spend big in high-stakes midterms Twitter chief faces GOP anger over bias at hearing MORE (R-W.Va.), Peter WelchPeter Francis WelchBipartisan House group heads to Camp David retreat Dems unveil bill for Medicare to negotiate drug prices GOP announces members who will serve on House intel panel MORE (D-Vt.) and Donald Norcross (D-N.J.) joined Manchin at the event, and other lawmakers have jumped on as original cosponsors.

“This is something that has been earned, promised and counted upon,” Capito said.

The lawmakers and miners made a major effort last year to shore up both health care and pension obligation funds managed by UMWA. They eventually dropped the pension side, since the health benefits were closer to being insolvent and more urgent.

Now, Manchin and his colleagues are pushing to finish the job on pensions.

The bill, the American Miners Pension Act, would shift some money out of the Abandoned Mine Land (AML) fund and into the pension fund. It would also borrow some money from the Treasury, but it envisions paying that back in 30 years.

The strongest opposition in Congress is likely to come from Wyoming and other western coal states.

Those states are the most active coal producers currently, so their mining companies are paying the most into the AML. Lawmakers there have argued in the past that it would be unfair to help Appalachian miners with the money paid by companies in the West.

The lawmakers backing Tuesday’s bill recognized that they would meet opposition from the West.

“This is the beginning, and this is where we have our work cut out for us … to work with our fellow coal-mining communities,” Capito said, adding that she and her colleagues are open to negotiating for changes.