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Murray Energy is one of the largest coal companies in America, their bankruptcy has without a doubt put both current employees, & retired miners on edge As this continues to play out, our office's number 1 priority will be preserving jobs & finding a solution for miners' pensions
We hope that as Murray Energy works to find a solution that will allow them to continue to operate, they remember that thousands of people depend on them for their livelihoods
In the face of yet another coal bankruptcy, we must look for ways to help ensure a market for coal exists by promoting fuel security and grid resilience.
Murray Energy’s announcement not only highlights the dire state of coal but the fast-approaching insolvency of the UMWA 1974 Pension Fund.
As the last large company paying into the pension fund, their bankruptcy only moves forward the timeline for insolvency. I urge Speaker Pelosi to see the gravity of the situation and bring our legislation, Miners Pension Protection Act (H.R. 935), to the floor for a vote
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