Churchill Downs Inc. and the Jockeys’ Guild have reached an agreement to subsidize riders’ health insurance, life insurance and disability benefits for members of the Guild who ride in the United States.
Terms of the multiyear agreement were not disclosed, but the Guild currently provides life insurance, temporary disability benefits and other benefits to its riders, as well as life insurance and aid to permanent disabled members.
Jockeys’ Guild national manager Terry Meyocks says in a statement the agreement will directly benefit approximately 950 active, retired and permanently disabled members.
Guild members at the Churchill tracks will continue to contribute a per-mount fee to such insurance policies while Churchill will make insurance contributions at its four tracks — Churchill Downs, Calder, Arlington Park and Fair Grounds.
Topics Kentucky
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