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| Retiree Benefit Watch | Retiree Benefit Watch
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The United Steelworkers and a class of retirees who manufactured tires for General Tire and Continental Tire filed a lawsuit to restore their health benefits. On July 31, 2007, the U.S. District Court for the Northern District of Ohio determined that the retirees’ benefits are vested and cannot be unilaterally changed. On April 29, 2008, the Court ...more |
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As many as 60,000 USW-represented retirees and spouses will be eligible to receive an additional $300 cash payment later this year to help offset the cost of their monthly Medicare Part B premiums. Eligible beneficiaries include retirees, spouses and surviving spouses who lost health care coverage as a result of the bankruptcies of Bethlehem Steel, ...more
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| Retiree Benefit Watch | Retiree Benefit Watch
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Prescription Drug Program USW-represented retirees and surviving spouses who lost health care coverage due to the bankruptcies of LTV Steel, Bethlehem Steel, Georgetown Steel and Acme Metal Products are eligible to participate in a new Prescription Drug Program sponsored by the Mittal Steel USA VEBA, effective March 1, 2005. For more information regarding ...more |
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First, you must determine whether you participated in (1) an employer-sponsored pension plan or (2) a multi-employer pension plan, such as the Steelworkers Pension Trust (SPT), National Integrated Group Pension Plan (NIGPP), or PACE Industry Union Management Pension Fund (PIUMPF). To learn more about your plan, please refer to the pension plan documents ...more
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