26 USC 9702 - Establishment of the United Mine Workers of America Combined Benefit Fund

U.S Code last checked for updates: Nov 23, 2024

§ 9702.

Establishment of the United Mine Workers of America Combined Benefit Fund

(a)

Establishment

(1)

In general

(2)

Merger of retiree benefit plans

(3)

Treatment of plan

The Combined Fund shall be—

(A)

a plan described in section 302(c)(5) of the Labor Management Relations Act, 1947 (29 U.S.C. 186(c)(5)),

(B)

an employee welfare benefit plan within the meaning of section 3(1) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1002(1)), and

(C)

a multiemployer plan within the meaning of section 3(37) of such Act (29 U.S.C. 1002(37)).

(4)

Tax treatment

(b)

Board of trustees

(1)

In general

For purposes of subsection (a), the board of trustees for the Combined Fund shall be appointed as follows—

(A)

2 individuals who represent employers in the coal mining industry shall be designated by the BCOA;

(B)

2 individuals designated by the United Mine Workers of America; and

(C)

3 individuals selected by the individuals appointed under subparagraphs (A) and (B).

(2)

Successor trustees

(3)

Special rule

(c)

Plan year

(Added Pub. L. 102–486, title XIX, § 19143(a), Oct. 24, 1992, 106 Stat. 3040; amended Pub. L. 109–432, div. C, title II, § 213(a), Dec. 20, 2006, 120 Stat. 3027.)

cite as: 26 USC 9702