A bipartisan group of U.S. senators and representatives announced today the introduction of the “American Miners Pension (AMP) Act.” The new legislation would protect the pensions of retired coal miners whose pensions have been placed in jeopardy by an unprecedented wave of bankruptcies by coal producers.
The lead sponsors of a new bi-partisan, bi-cameral legislation that will be introduced today to preserve hard-won pensions for more than 117,000 active and retired coal miners are holding a press conference today at 11:30 a.m. to discuss the new bill and the innovative approach it takes to solve the looming insolvency of the miners’ […]