Steel Retiree VEBA Trust

On June 5th, 2012 the first ever Steel Industry VEBA Trust was approved by a bankruptcy judge to be a Qualified Health Plan in order to be eligible to receive the Health Coverage Tax Credit (HCTC).

The Steel Retiree VEBA Trust will begin to accept enrollment for a July 1st, 2012 effective date. This VEBA will provide HCTC qualified benefits that offer Medical, Prescription Drug, Dental and Vision benefits. In addition to the HCTC benefits, the VEBA will offer several different plan choices for the Medicare population as well.

Am I eligible to participate in the Steel Retiree VEBA Trust?

Based on information currently available to the Trust, the list of eligible companies includes, but is not limited to the following companies. In order to be eligible to participate, you must have worked at least 5 years for one of the following companies.  Please note that retirees of some companies (noted with ** after the company name) are only eligible to participate in the Medicare, Dental and Vision plans because these companies did not have their pensions terminated by the Pension Benefit Guaranty Corporation (PBGC) and are therefore not eligible for the HCTC, Pre-65 medical plans.  The only exception would be a steel industry company that has employees/retirees who are Trade Adjustment Assistance (TAA) eligible like RG Steel.

Accurate Steel Processing Co. ISG Composite Steel Dies Inc. Quality Sheet Metal Corp.
Ajax Magnethermic Corp J&L Limited Republic Steel
Alan Wood Steel Co. Kulka Steel & Equipment Co. Republic Technologies Int’l
Atlantic Steel Casting Co. Latrobe Die Casting Co. RG Steel**
Bethlehem Steel Corp. Lebanon Steel Foundry Rogers Structural Steel Co.
Block Steel Corp. LTV Steel Co. Ronart Industries, Inc.
Brockway Pressed Metals, Inc. LTV Steel Mining Co. Rouge Steel
Cann & Saul Steel Co. Macsteel Gerdau** Sharon Steel Corp.
Carbon Graphite Group Mackintosh Hemphill Standard Steel-Burham & Latrobe
Commodity Steel & Processing Massillon Steel Casting Co. Steelastic Co.
Copperweld Steel Co. McLouth Steel Corp. Steelastic West, Inc.
Copperweld Tubing Products Michigan Specialty Tube Co. Steelox Sytems, Inc.
Crucible Steel Casting Co. Midland Steel Products Co. Superior Steel Casting Co.
Dayton Fabricated Steel Co. Midvale Heppenstall Co. Tryco Steel Corp.
Decatur Casting Div. Moltrup Steel Products Co. Union Steel Products, Inc.
Edgewater Steel Monessen SW Railway US Metalsource
Empire Steel Castings, Inc. National Forge Co. US Steel**
Erie Forge & Steel Oakmont Steel Co. United Engineering & Foundry
Falls Steel Tube & Mfg. Co. Ohio Pressed Steel Valley City Steel Co.
Franklin Industries, Inc. Pennsylvania Steel Foundry Valley Vulcan Mold Co.
Franklin Steel Co. Pittsburgh Forging Co. Vision Metals Inc.
Freedom Forge Corporation Potomac Steel Corp. Vulcan Iron Works, Inc.
Great Lakes Steel** PTC Alliance Corp. Wean United, Inc.
Hamilton Foundry & Machine Quaker Alloy Inc. Western Steel Group, Inc.
Holub Iron & Steel Co. Quaker City Iron Works Wheeling Pittsburgh Steel Co.