Company: BCO
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000078890-25-000059
Chunk: 71

Company: BRINKS CO
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1
Chunk 71
---
 medical benefits provided by the Pittston Coal Group Companies Employee Benefit Plan for UMWA Represented Employees. There are approximately 2,200 beneficiaries in the UMWA plans. The company does not expect to make contributions to these plans until 2040, based on our actuarial assumptions.

Black Lung

Under the Federal Black Lung Benefits Act of 1972, Brink’s is responsible for paying lifetime black lung benefits to miners and their dependents for claims filed and approved after June 30, 1973. There are approximately 700 black lung beneficiaries as of December 31, 2024.

Non-U.S. defined-benefit pension plans 

We have various defined-benefit pension plans covering eligible current and former employees of some of our international operations. See Note 4 to the consolidated financial statements for information about these non-U.S. plans' benefit obligation and estimated future benefit payments over the next 10 years.

47

Summary of Total Expenses Related to All U.S. Retirement Liabilities 

This table summarizes actual and projected expense (income) related to U.S. retirement liabilities. These expenses are not allocated to segment results.

ActualProjected(In millions)202420252026202720282029Primary U.S. pension plan$(10.9)(8.1)(0.6)6.6 4.9 3.9 UMWA plans(8.3)(9.5)(4.8)(4.6)(4.5)(4.3)Black Lung plans8.2 7.7 7.1 6.6 6.1 5.6 Total$(11.0)(9.9)1.7 8.6 6.5 5.2 

Summary of Total Payments from U.S. Plans to Participants

This table summarizes actual and estimated payments from the plans to participants.

ActualProjected(In millions)202420252026202720282029Payments from U.S. Plans to participantsPrimary U.S. pension plan$44.4 47.8 47.7 47.3 46.9 46.3 UMWA plans20.7 16.2 16.0 15.8 15.7 15.4 Black Lung plans8.0 9.0 8.3 7.6 7.0 6.4 Total$73.1 73.0 72.0 70.7 69.6