# ArcelorMittal USA LLC VEBA Retiree Benefits Plan

ArcelorMittal USA LLC VEBA Retiree Benefits Plan is a Pension Fund based in Cleveland, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Cleveland, United States
- **Region:** North America
- **Address:** Cleveland, OH, United States
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** www.amusaveba.org

## Regulatory record

- **Reports private funds:** No

## About

The plan was established in 2002 to address benefit obligations after bankruptcies at LTV Steel, ACME Steel, Bethlehem Steel, Georgetown Steel, and Weirton Steel. Assets are held in the Cleveland-Cliffs Steel LLC VEBA Trust Portfolio. The structure channels funding through the plan sponsor and labor union agreement to maintain retiree coverage across North America. Cleveland-Cliffs Inc. acts as plan sponsor. The United Steelworkers participates in benefit determinations. No additional offices or professional headcount figures appear in available records. Governance rests on the sponsor-union framework created at formation rather than a conventional investment mandate.

## People

- Christine Fleps — Principal Officer

## Questions

### Who runs investment decisions at the ArcelorMittal USA LLC VEBA Retiree Benefits Plan?

Christine Fleps serves as principal officer. The United Steelworkers and Cleveland-Cliffs Inc. jointly oversee benefit determinations and trust administration.

### How is the ArcelorMittal USA LLC VEBA Retiree Benefits Plan related to Cleveland-Cliffs Inc.?

Cleveland-Cliffs Inc. became plan sponsor after acquiring ArcelorMittal USA in 2020. The trust continues to operate as the Cleveland-Cliffs Steel LLC VEBA Trust.

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- [Arc Element Wealth Design](https://altss.com/profile/arc-element-wealth-design)

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Updated: 2026-06-03T20:00:00.000Z

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