ST. LOUIS (AP) — Protesters have again marched in St. Louis over plans to take away health care and pension benefits for retired coal miners.
Patriot Coal Corp. filed for bankruptcy in July and said last week it wants to modify its collective bargaining agreement and create a trust fund for retiree health care benefits. Patriot says the move is needed to save 4,000 existing jobs.
Patriot was spun off from Peabody Energy in 2007.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
