Beshear: 1,000 Miners Not Covered by Coal Company Bonds

Beshear: 1,000 Miners Not Covered by Coal Company Bonds

The state’s Labor Cabinet hasn’t secured the necessary bonds from coal companies that would cover wage payments to miners if their employer unexpectedly shuts down, Kentucky Attorney General Andy Beshear said.

Beshear, a Democrat running for governor, announced on Thursday that his office examined records of Kentucky companies that should be required to pay the bonds.

State law requires construction and mineral companies in business for less than five years to pay performance bonds that would cover four weeks of employee pay. Beshear says 1,000 miners are working for coal companies that haven’t paid the bond.




Source: MG News

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