joint welfare fundglossary / joint-welfare fund A fund that is established in collective bargaining to provide health and welfare benefits to union employees.• The fund is jointly managed by labor and management representatives. — Also termed Taft–Hartley fund. 词条贡献者 法律翻译Akira,毕业于一所旨在培养高级翻译专业人才的翻译院校,专注翻译各类与能源行业争议有关的法律文件。