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 译者Jenna,毕业于法国顶尖的高级翻译学院,擅长翻译有关互联网与电子商务领域的法律文件。