Multiemployer Pension Plans (Tables)

12 Months Ended

Dec. 31, 2019

Multiemployer Plans [Abstract]

Multiemployer Pension Plan Description and Contributions

Our participation in multiemployer pension plans for the year ended December 31, 2019 is outlined in the table below:

Pension Fund	Employer Identification Number	Pension Protection Act Zone Status1		FIP/RP Status Pending/Implemented in 20192	Contributions of the Company						Surcharge Imposed in 2019	Expiration Date of Collective-Bargaining Agreements
					2019		2018		2017
		2019	2018		(in millions of dollars)
Steelworkers Pension Trust (USW)3	23-6648508	Green	Green	No	$	3.8	$	3.6	$	3.5	No	Mar 2020	-	Sep 2025
Other Funds4					1.2		1.1		1.1
					$	5.0	$	4.7	$	4.6

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^1.  The most recent Pension Protection Act zone status available in 2019 and 2018 for the Steelworkers Pension Trust is for the plan's year end at December 31, 2018 and December 31, 2017, respectively. The zone status is based on information that we received from the plan and is certified by the plan's actuary. Among other factors, plans in the green zone are at least 80% funded.

^2.  The "FIP/RP Status Pending/Implemented" column indicates if a Financial Improvement Plan (FIP) or a Rehabilitation Plan (RP) is either pending or has been implemented for the plan under the Pension Protection Act.

^3.  We are party to three collective bargaining agreements with the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, AFL-CIO, CLC ("USW") that require contributions to the Steelworkers Pension Trust. As of December 31, 2019, USW collective bargaining agreements covering employees at our Newark, Ohio ("Newark") and Spokane, Washington ("Trentwood") facilities covered 87% of our USW-represented employees and expire in September 2025. Our monthly contributions per hour worked by each bargaining unit employee at our Newark and Trentwood facilities are (in whole dollars) $1.75 in 2019. The union contracts covering employees at our Richmond, Virginia facility and Florence, Alabama facility cover 10% and 3% of our USW-represented employees, respectively, and expire in November 2020 and March 2020, respectively.

^4. 

Other Funds consists of plans that are not individually significant.