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Steelworkers union to distribute profit-sharing money to laid-off members

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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 08:42 PM
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Steelworkers union to distribute profit-sharing money to laid-off members

http://www.postgazette.com/pg/09044/948798-28.stm?cmpid=newspanel3

Friday, February 13, 2009
By Len Boselovic, Pittsburgh Post-Gazette


Daniel Marsula

Union workers at U.S. Steel Corp. will give up about $120 of their fourth-quarter profit-sharing payment, distributing the money to more than 4,000 of their colleagues who were laid off because of dismal conditions in the industry.

The gesture means the laid-off workers will get payments equal to what they would have received had they been on the job for the entire quarter, said United Steelworkers union Vice President Tom Conway, who chairs the union bargaining committee in negotiations with U.S. Steel. Mr. Conway proposed the plan and said it was supported by presidents of union locals at U.S. Steel plants.

"We've got 4,000 members on the street, and this will be meaningful to them," Mr. Conway said. "We think it's the right thing to do."

They will be joined on the unemployment line by another 1,200 workers at U.S. Steel's operations in Lone Star, Texas. The company announced yesterday that it was temporarily idling the tubular products plant. Spokesman John Armstrong said about 800 union and 400 nonunion workers were employed at the plant. They will be called back based on order levels, he said.

U.S. Steel laid off 675 union workers at plants in the United States and Canada in mid-November, then laid off another 3,500 union workers three weeks later, when it idled steel plants near Detroit and St. Louis and an iron ore plant in Minnesota.

Last week, it said 500 nonunion workers had accepted early-retirement offers.

Many of the union workers who lost their jobs don't qualify for supplemental unemployment benefits because they have not been on the job for at least three years, Mr. Conway said.

FULL story at link.

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