Stelco (formerly U.S. Steel Canada)
October 4, 2023
Members of the surplus sharing group for the Non-Core Plans (the Stelpipe Hourly Plan, the Stelpipe Salaried Plan, and the Welland Salaried Plan) should have received a letter from Stelco (sent jointly on behalf of Stelco and Koskie Minsky LLP) appending a Full and Final Release, and forms by which members of the surplus sharing group can elect to receive their surplus entitlement either as a lump sum less statutory deductions, or transferred directly into their RRSP, if eligible. The Full and Final Release and RRSP Transfer Form and/or Direct Deposit Form must be returned to Stelco Inc. c/o Mercer Pension Admnistration by October 6, 2023. Please note that the RRSP Transfer option is only available to a Plan member or the surviving spouse of a Plan member where eligible, and is not available to the estate of any individual, including that of a Plan member or that of the surviving spouse of a Plan member.
