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4-Year Contract

September 1, 2022 through September 1, 2026
Last Updated: 12/20/2022


$4,000 in Guaranteed Pre-Tax Cash Payments
  • $4,000 lump sum “Essential Employee Appreciation Bonus” payable upon ratification

*Subject to reduction by applicable taxes

No Changes to the Current Un-Capped Profit Sharing Plan
  • Continued, un-capped profit-sharing
  • 7.5% on profits between $10 and $50 of Profit per Ton Shipped
  • 15% on profits above $50 Per Ton Shipped

More Than 21%* Base Wage Increases Over Life of Contract**
  • 5% increase each year

  *Compounded total increase over 4-year contract
**In addition to the protections provided by the Inflation Recognition Payment language in the Contract

Excellent Retirement Benefits
  • $0.50/hour increase in hourly contributions to the SteelWorkers Pension Trust


Competitive Retiree Healthcare
  • No changes to plan design or monthly premiums for those eligible for the Retiree Health Program (RHP)
  • $0.10/hour increase in contributions to the Retiree Healthcare Account for employees hired after 1/1/2016

Active Health Insurance Coverage With No Premiums
  • No changes to 2018 BLA, current healthcare options preserved

Improved Holiday, Vacation, and Leaves of Absence
  • One floating holiday each year that you can use to celebrate a day that is important to you
  • 6 weeks of vacation for those with more than 30 years of service
  • 12 days paid time off for victims of domestic violence and 2 weeks paid parental leave.

Continued Investment in USW-Represented Facilities
  • $1B capital investment commitment over time of contract (2022 - 2026)