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"As
a USWA Organizer and Staff Representative, I have been able to significantly
increase our member's retiree benefits at an affordable cost to our companies
by negotiating the Steelworkers Pension Trust. The Plan is easy to understand
and negotiate with Steelworkers Pension Trust representatives available
at no cost to the local to help in bargaining the plan. I strongly recommend
it be considered by every eligible bargaining unit group."
USWA Staff Representative Jim Lee, District 1 |
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"In representing our members for over 33 years, I have not found a better pension plan than the Steelworkers Pension Trust. The benefits are higher than any other plan compared to the cost. Both active members and retirees have consistently received benefit improvements because of the Trust investment returns and participant growth. The plan is easy to understand and the employer is not responsible to administer the plan. Their only cost is the negotiated contribution. The Trust has been a great help in bargaining decent agreements. I would recommend all of our bargaining units consider participation." Eldon Kirsch, International Rep., USWA |
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"Recently we merged our pension plan with the Steelworkers Pension Trust and were able to triple our member's benefits and increase retiree benefits at a reduced cost to our employers. Hard to believe, but true! Everyone who qualifies should consider this plan." Fred McGrath, President, USWA Local Union 4, District 2 |
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"In 1993 we terminated our company's pension plan and joined the Steelworkers Pension Trust. It has proven to be both beneficial for our associates and also for our human resources staff. The benefits have consistently improved for our participants over the years and our involvement with processing pension information is no more than providing the Trust's 1-800 number." Susan Koesser, Director, Human Resources, Liquid Controls, LLC |
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"As the President of Amalgamated Local Union 1915 in Northwest Ohio, a number of our units have been able to negotiate the Steelworkers Pension Trust in their contracts. Because of the tremendous amount of benefits offered by the Trust at a relatively low contribution rate, we have been able to successfully negotiate some very good labor agreements. Because the Trust is a "win-win" for both parties, wherever possible, it is our intent to negotiate it in all of our labor agreements." John Blessing, President, USWA Local Union 1915, District 1 |
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