Frequently Asked Questions

01

How do I know my employer is contributing the right amount?

You receive an accrued benefit letter every year that shows how much your employer contributed on your behalf in the prior year. Keep track of the hours your employer should be contributing for, so you can calculate the expected amount. If the figures don’t match, contact us at 412-562-1174 to get it resolved.

02

What is the minimum contribution rate?

The minimum employer contribution rate is $0.20 per hour worked or 2% of gross earnings, whichever applies under your collective bargaining agreement. Many agreements specify higher contribution rates.

03

Can I contribute to the plan myself?

No. The Steelworkers Pension Trust is funded entirely by employer contributions. Employee contributions are not required and are not permitted under the plan.

01

I moved. Do I need to tell you?

Yes. We require a written Change of Address form signed by the retiree. You can download the form from the Forms & Documents page and mail it to our headquarters. Keeping your address current ensures you continue receiving your pension payments and important plan notices without interruption.

02

What happens to my benefit if I get divorced?

A divorce may affect your pension benefit. If a court issues a Qualified Domestic Relations Order (QDRO), a portion of your benefit may be assigned to your former spouse. Contact the Trust if you are going through a divorce so we can explain how it may affect your payments.

03

What happens to my pension if I die?

If you elected a joint-and-survivor payment option at retirement, your surviving spouse will continue to receive payments according to the terms of your election. If you die before retiring but are vested, your spouse may be eligible for a pre-retirement survivor benefit. Contact the Trust for details.

04

What if I return to covered employment after retiring?

If you return to work for a participating employer after you have begun receiving pension payments, your benefit may be suspended during the period of reemployment. Contact the Trust before returning to work so you understand how it may affect your payments.

01

First Check Timing

Applications typically process within 45–60 days after your employer’s final contribution is received. Payments are issued on the 1st of each month, with checks mailed about 5 business days prior.

02

Direct Deposit Option

Enroll by submitting a Direct Deposit Enrollment Form found on the Forms & Documents page. This method guarantees timely monthly payments without mail delays.

03

Payment Schedule

Pension payments are made on the 1st of each month. If the date falls on a weekend or holiday, payments are issued on the preceding business day. The payment calendar is available online.

04

Taxation of Payments

Pension benefits are subject to federal income tax and may be subject to state tax depending on your residence. Adjust withholding by submitting a W-4P form to the Trust.