There will be a solidarity rally Thursday from 3:00 pm – 4:30 pm across from the guard shack in the triangle were some park their motorcycles. We need to have a good turn out to show ATI that we intend to stand up for a fair contract . Pass it on.
Here is a link to all of the Greater Washington County Food Banks. This is by no means an exhaustive list. If you know of any, please let us know so it can be added.
Located at 1505 Jefferson Ave., Washington PA 15301
Union Meeting Thursday, 24 aprilMarch 2014
Informational Meeting Starts 1:30pm- 2:45pm
Regular Meeting Starts 4:15pm- 5:30pm
ATI Reorganized: No More Ludlum
>Watch the ATI stock value. Why should you care?
Revised Asset Group Structure:
>What it could mean for your training, seniority and bidding.
Grievance Tracking Board:
>Keeping Track of Grievances and Complaints
System Repair Qualifications:
>Pre-Testing and pay rate discussion.
Back Pay Issues: Can You Figure Your Money?
>Reviewing incentive issues from Tandem crossover to today
Union Office Relocating:
>Unit 05 is getting back to some Jessop roots at the guard shack.
Located at 1505 Jefferson Ave., Washington PA 15301
Union Meeting Thursday, 27 March 2014
Informational Meeting Starts 1:30pm- 2:45pm
Regular Meeting Starts 4:15pm- 5:30pm
AGENDA TOPICS THIS MONTH
Guest Speaker: Ike Gittlen USW District 10 Basic Steel
Topic: The Union Role in the American Way of Life
Lingering Seniority Questions and Comments
Safety Committee: Suggestions for Capital Improvements 2014
ICD Fund Committee: Available Programs Not Listed in Booklet
Training Committee: Tech 4 training and Beyond
Good and Welfare: WOS Spring Flee Market
CAT Team: Contract Suggestions for 2015; Department Huddles
Urging all Local Members that truly care about what is going on>
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The Internal Revenue Service announced that the maximum contribution levels for retirement plans will not increase for 2014.
* The annual employee contribution limit remains unchanged at $17,500 in 2014.
This is the maximum amount an employee is permitted to contribute to a 401(k) plan in 2014 if under age 50.
* “Catch-Up” Contributions for Employees Age 50 & Older
This allows participants reaching age 50 at any time during the year to make an additional elective contribution to a 401(k) plan.
* 2014 “Catch-Up” amount remains unchanged at $5,500.
* The “Catch-Up” contribution is in addition to the annual employee contribution limit above ($17,500 in 2014).
Therefore, employees age 50 or older may contribute up to $23,000 to their 401(k) Plan in 2014.
Please note, your deferral percentage elections for both regular and catch-up contributions will continue from one year into the next. They will only be changed if you elect to change them, or they will be shut off automatically when and if you meet your dollar limit(s) during the year. For those who are shut off during the year because they have reached their dollar limit(s), your deferral percentages will be automatically restarted beginning the next year.
Below is an example of how to save the maximum permitted for both regular and catch-up contributions.
EXAMPLE:
Employee’s Annual Salary = $50,000
To contribute as close to the $17,500 max as possible:
$17,500 (Target)/$50,000 (Annual Salary) = 35% Total Percentage the Employee Needs to Contribute
To contribute as close to the $5,500 max as possible:
$5,500 (Target)/$50,000 (Annual Salary) = 11% Catch-up Percentage the Employee Needs to Contribute
$50,000 * 35% = $17,500 (Total Annual Regular Contribution)
$50,000 * 11% = $5,500 (Total Annual Catch-up Contribution)
Provided the employee enrolls with these percentages effective the first pay of the year and his/her salary doesn’t change, this employee will save the 2014 max of $23,000.
If you do not intend to save your maximum dollar limit allowed under regular contributions, there is no need to enroll in catch-up.
The total of all deferral percentage elections may not exceed 80% of your pay during a pay period to allow for the appropriate taxes and deductions to be withheld. This includes your Catch-up percentage.
Please keep in mind that if you spread your 401(k) contribution throughout the year, you would continue to receive the Company Match portion throughout the year. For example, if you would reach your $17,500 limit for 2014 earlier in the year and your 401(k) contribution would cease, your Company match would also cease since you would no longer be contributing your employee portion.
If you have any questions regarding your 401(k), please contact the ATI Benefits Center at 1-866-820-ATBC (2822) or through the Website at www.atibencenter.com<http://www.atibencenter.com> <http://www.atibencenter.com> . You will need your Personal Identification Number (PIN). If you have misplaced your PIN, you can contact the Benefits Center at the telephone number mentioned above to request a new one.
Washington Plate 7139.05 
