Download or read book Analysis of the Administration s Proposal to Ensure Solvency of the United Mine Workers of America Combined Benefit Fund written by United States. General Accounting Office. Accounting and Information Management Division and published by . This book was released on 2000 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Analysis of the administration s proposal to ensure solvency of the United Mine Workers of America Combined Benefit Fund written by and published by DIANE Publishing. This book was released on 2000 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report reviews the administration's proposal to ensure the solvency of the United Mine Workers of America (UMWA) Combined Benefit Fund. Specifically, we analyze the impact of the administration's proposal to (1) extend the Abandoned Mine Land Reclamation (AML) fees, (2) reverse the effects of National Coal v. Chater (National Coal), (3) reverse the effects of Dixie Fuel Company v. Social Security Administration (Dixie Fuel, and (4) appropriate federal funds. In addition, you asked that we provide some general background information on the operations, governance structure, benefit structure, and historical and projected financial position of the Fund. As you know, in 1992, more than 100,000 UMWA retirees and their dependents were in danger of losing their health benefits.
Download or read book Analysis of the Administration s Proposal to Ensure Solvency of the United Mine Workers of America Combined Benefit Fund written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-02-16 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: AIMD-00-267R Analysis of the Administration's Proposal to Ensure Solvency of the United Mine Workers of America Combined Benefit Fund
Download or read book Additional Information Related to Analysis of the Administration s Proposal to Ensure Solvency of the United Mine Workers of America Combined Benefit Fund written by United States. General Accounting Office. Accounting and Information Management Division and published by . This book was released on 2000 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Analysis of the Administration s Proposal to Ensure Solvency of the United Mine Workers of America Combined Benefit Fund written by and published by . This book was released on 2000 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report reviews the administration's proposal to ensure the solvency of the United Mine Workers of America (UMWA) Combined Benefit Fund. Specifically, we analyze the impact of the administration's proposal to (1) extend the Abandoned Mine Land Reclamation (AML) fees, (2) reverse the effects of National Coal v. Chater (National Coal), (3) reverse the effects of Dixie Fuel Company v. Social Security Administration (Dixie Fuel, and (4) appropriate federal funds. In addition, you asked that we provide some general background information on the operations, governance structure, benefit structure, and historical and projected financial position of the Fund. As you know, in 1992, more than 100,000 UMWA retirees and their dependents were in danger of losing their health benefits.
Download or read book Analysis of the Administration s Proposal to Ensure Solvency of the United Mine Workers of America Combined Benefit Fund written by United States. General Accounting Office. Accounting and Information Management Division and published by . This book was released on 2000 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial and legal issues facing the United Mine Workers of America Combined Benefit Fund written by and published by DIANE Publishing. This book was released on with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial and Legal Issues Facing the United Mine Workers of America Combined Benefit Fund written by United States. General Accounting Office. Accounting and Information Management Division and published by . This book was released on 2000 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, the Fund has been experiencing financial difficulties due to rising costs and a financing mechanism that has been negatively affected by recent court decisions. According to the Fund's September 30,1999, audited financial statements, the Fund had a cumulative deficit of $12.2 million. The Fund's actuary estimates that the cumulative operating deficit will increase to approximately $513 million by 2008. In addition, the actuarial projection includes borrowing costs of $101 million during the same time frame, which results in a total deficit of $614 million. The Fund is involved in extensive litigation arising from the Coal Act and normal business operations. Fund officials classified their significant litigation into seven major categories: (1) constitutional cases, (2) Dixie Fuel court cases, (3) companies challenging assessments, (4) premium rate cases, (5) bankruptcy cases, (6) successorship cases, and (7) Evergreen cases. Eastern Enterprises. Apfel (1998) and Dixie Fuel Company v. Social Security Administration (1999) are two of the significant cases that have affected or may affect the assignment of beneficiaries. Eastern resulted in approximately 8,000 beneficiary reassignments. Dixie Fuel, which has not yet been implemented, could potentially result in the reassignment of 10,000 beneficiaries. The Fund has incurred legal costs of over $11 million for all significant cases since its inception.
Download or read book United Mine Workers of America Benefit Trust Funds written by Karen S. Horkitz and published by . This book was released on 1990 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial and Legal Issues Facing the United Mine Workers of America Combined Benefit Fund written by and published by . This book was released on 2000 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, the Fund has been experiencing financial difficulties due to rising costs and a financing mechanism that has been negatively affected by recent court decisions. According to the Fund's September 30,1999, audited financial statements, the Fund had a cumulative deficit of $12.2 million. The Fund's actuary estimates that the cumulative operating deficit will increase to approximately $513 million by 2008. In addition, the actuarial projection includes borrowing costs of $101 million during the same time frame, which results in a total deficit of $614 million. The Fund is involved in extensive litigation arising from the Coal Act and normal business operations. Fund officials classified their significant litigation into seven major categories: (1) constitutional cases, (2) Dixie Fuel court cases, (3) companies challenging assessments, (4) premium rate cases, (5) bankruptcy cases, (6) successorship cases, and (7) Evergreen cases. Eastern Enterprises. Apfel (1998) and Dixie Fuel Company v. Social Security Administration (1999) are two of the significant cases that have affected or may affect the assignment of beneficiaries. Eastern resulted in approximately 8,000 beneficiary reassignments. Dixie Fuel, which has not yet been implemented, could potentially result in the reassignment of 10,000 beneficiaries. The Fund has incurred legal costs of over $11 million for all significant cases since its inception.
Download or read book Financial and Legal Issues Facing the United Mine Workers of America Combined Benefit Fund written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-02 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: AIMD-00-280R Financial and Legal Issues Facing the United Mine Workers of America Combined Benefit Fund
Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Download or read book Budget of the United States Government written by United States. Office of Management and Budget and published by . This book was released on 2009 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Standards for Internal Control in the Federal Government written by United States Government Accountability Office and published by Lulu.com. This book was released on 2019-03-24 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers and program managers are continually seeking ways to improve accountability in achieving an entity's mission. A key factor in improving accountability in achieving an entity's mission is to implement an effective internal control system. An effective internal control system helps an entity adapt to shifting environments, evolving demands, changing risks, and new priorities. As programs change and entities strive to improve operational processes and implement new technology, management continually evaluates its internal control system so that it is effective and updated when necessary. Section 3512 (c) and (d) of Title 31 of the United States Code (commonly known as the Federal Managers? Financial Integrity Act (FMFIA)) requires the Comptroller General to issue standards for internal control in the federal government.
Download or read book A Glossary of Terms Used in the Federal Budget Process written by and published by DIANE Publishing. This book was released on 1993-12 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: A basic reference document for persons interested in the federal budget-making process. Emphasizes budget terms in addition to relevant economic and accounting terms to help the user appreciate the dynamics of the budget process. Also distinguishes between any differences in budgetary and non-budgetary meanings of terms. Over 300 terms defined. Index. Appendices: overview of the federal budget process, budget functional classification, and more.
Download or read book Government Finance Statistics Manual 2014 written by Mrs.Sage De Clerck and published by International Monetary Fund. This book was released on 2015-03-10 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2007–09 international financial crisis underscored the importance of reliable and timely statistics on the general government and public sectors. Government finance statistics are a basis for fiscal analysis and they play a vital role in developing and monitoring sound fiscal programs and in conducting surveillance of economic policies. The Government Finance Statistics Manual 2014 represents a major step forward in clarifying the standards for compiling and presenting fiscal statistics and strengthens the worldwide effort to improve public sector reporting and transparency.
Download or read book Economic and fiscal outlook written by Office for Budget Responsibility and published by The Stationery Office. This book was released on 2010-11-29 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Office for Budget Responsibility was established to provide independent and authoritative analysis of the UK's public finances. Part of this role includes producing the official economic and fiscal forecasts. This report sets out forecasts for the period to 2015-16. The report also assesses whether the Government is on course to meet the medium-term fiscal objectives and presents preliminary observations on the long-run sustainability of the public finances. Since the June forecast, the UK economy has recovered more strongly than initially expected. The GDP growth was greater than expected in both the 2nd and 3rd quarters, but that unemployment levels have risen to levels that the June forecast did not anticipate until the middle of 2012. In general the world economy has also grown more strongly. CPI inflation has remained slightly higher than expected in June, whilst public finances have performed as forecast. The interest rates on UK debt are lower than in June. The OBR forecasts that the economy will continue to recover from the recession, but at a slower pace than the recoveries of the 1970s, 1980s and 1990s. The publication is divided into 5 chapters with two annexes.
