1. ArcelorMittal Hamilton East
Long Products
COPIES OF THIS LETTER ARE AVAILABLE
IN THE SLOT AT THE BOTTOM OF THE STAIRS
December 18, 2012
TO: ALL BARGAINING UNIT EMPLOYEES
Lump Sum Eligibility - Future Retirees
One outcome of the recent negotiations was to provide current retirees, who were
previously eligible for pension indexing, with lump sum payments on August 1st for the
next three years. Additionally, we established a window for upcoming retirements that
would provide this lump sum payment to future retirees within some specific restrictions.
To be eligible for the lump sum payment for retirees, the following conditions must be
met:
1. Employees eligible to retire must have declared their decision to retire before
March 31st, 2013. That is, the employee must have provided and signed all
necessary documents. Please refer to the list of documents outlined below.
2. Employees retire on the last day of the month. Therefore to be eligible for any lump
sum payment(s) following your retirement, you must be retired as of March 31, 2014.
3. There is no retroactivity with regard to the lump sum payments. Specifically,
employees are entitled to the lump sum payments that occur AFTER their date of
retirement. Note that date of retirement is not necessarily the same day as the last
day worked. Entitlement is based on the date of retirement, NOT the employee’s last
day worked.
4. Employees who retire on or before March 31, 2014 but who do not meet the
provisions of (1) above, will not be entitled to receive the lump sum payment(s).
2. Please note that given that workforce planning, ie. recruitment, will occur as a result of
these upcoming retirements, the decision to retire will not be reversed and the planned
retirement date will not modified.
If you have any questions, please ensure you make any inquiries as soon as possible as
there will be no extensions granted.
Yours truly,
Sandra Cabral| Director, Human Resources
ArcelorMittal Hamilton East
Human Resources | 690 Strathearne Avenue North
Hamilton, Ontario L8H 7N8 Canada
T 905 528-9473, ext. 6864 | F 905 577-4411 | www.arcelormittal.com
LIST OF DOCUMENTS THAT MUST BE PROVIDED AND COMPLETED TO HUMAN
RESOURCES, NO LATER THAN MARCH 31, 2013
1. Sign the Declaration of Intention to Retire establishing that establishes your date of
retirement.
2. Provide a copy of birth certificate for yourself and your spouse (if claiming Joint &
Survivorship Option).
3. Provide a copy of your spouse’s social insurance card.
4. Provide a copy of your marriage certificate if claiming a Joint & Survivorship Option.
5. Provide a “VOID” cheque or banking information for the account you wish to have
your pension cheque deposited in.