United Steel Worker Local 6166

USW

Local 6166

Nickel Bonus History

Listed below is the nickel bonus and COLA history dating back from 1994 to present. This 17 year history includes both the nickel price bonus and earnings based compensation (EBC) payouts

2011
Quarter	Nickel Bonus	Cola
4th
3rd	$0.00
2nd	$9.44
1st	$10.03	$0.29

2010
Quarter	Nickel Bonus	Cola
4th	$8.26	$0.19
3rd	$0.00	$0.10
2nd	$8.16	$0.16
1st	$7.29	$0.07

2009
Quarter	Nickel Bonus	Cola
4th	$0.00	$0.00
3rd	$0.00	-$0.10
2nd	$0.00	$0.00
1st	$0.00	$0.00

2008
Quarter	Nickel Bonus	Cola
4th	$0.00	$0.00
3rd	$0.00	$0.56 $0.04 $0.52
2nd	$10.04	$0.52
1st	$10.81	$0.09

2007
Quarter	Nickel Bonus	Cola
4th	$10.00, $1.23 *	$0.01
3rd	$12.21	$0.00
2nd	$19.54	$0.36
1st	$16.46	$0.24

2006
Quarter	Nickel Bonus	Cola
4th	$11.25, $1.57 *	$0.00
3rd	$11.25	$0.00
2nd	$7.02	$0.16
1st	$4.66	$0.02

2005
Quarter	Nickel Bonus	Cola
4th	$3.65	$0.00
3rd	$4.59	$0.23, $0.24
2nd	$5.37	$0.23
1st	$4.80	$0.14

2004
Quarter	Nickel Bonus	Cola
4th	$4.26	$0.04
3rd	$4.32	$0.00
2nd	$3.56	$0.29
1st	$4.50	$0.10, $0.08

2003
Quarter	Nickel Bonus	Cola
4th	$3.48	$0.08
3rd	$0.00	$0.07
2nd	$1.77	$0.22, $0.18
1st	$1.74	$0.31

2002
Quarter	Nickel Bonus	Cola
4th	$0.00	$0.18
3rd	$1.14	$0.14
2nd	$1.16	$0.16
1st	$0.79	$0.23

2001
Quarter	Nickel Bonus	Cola
4th	$0.00	-$0.19
3rd	$0.65	$0.00
2nd	$1.05	$0.29
1st	$1.12	$0.06

2000
Quarter	Nickel Bonus	Cola
4th	$1.45	$0.18
3rd	$1.77	$0.09
2nd	$2.38	$0.27
1st	$4.24	$0.16

1999
Quarter	Nickel Bonus	Cola
4th	$1.53	$0.01
3rd	$0.00	$0.00
2nd	$0.00	$0.13
1st	$0.00	$0.10

1998
Quarter	Nickel Bonus	Cola
4th	$0.00	$0.01
3rd	$0.00	$0.00
2nd	$0.36	$0.15
1st	$0.00	$0.10

1997
Quarter	Nickel Bonus	Cola
4th		$0.00
3rd	$1.14	$0.12
2nd	$1.42	$0.11
1st	$1.35	$0.08

1996
Quarter	Nickel Bonus	Cola
4th	EBC PROFIT SHARING $1.20	$0.12
3rd	EBC PROFIT SHARING $0.00	$0.03
2nd	EBC PROFIT SHARING $1.56	$0.48
1st	EBC PROFIT SHARING $1.65	$0.37

1995
Quarter	Nickel Bonus	Cola
4th	EBC PROFIT SHARING $1.80	$0.32
3rd	EBC PROFIT SHARING $1.44	$0.32
2nd	EBC PROFIT SHARING $1.79	$0.31
1st	EBC PROFIT SHARING $2.02	$0.25

1994
Quarter	Nickel Bonus	Cola
4th	EBC PROFIT SHARING $1.44	$0.11
3rd	EBC PROFIT SHARING$0.48	$0.05
2nd	$0.00
1st	$0.00

Listed below are the adjustments we have on record regarding COLA payments that are not shown on the tables above.

1996 – 1^ST QUAR. – COLA - $.37

(JUNE 27/96 NOTICE RECEIVED - ERROR IN 1^ST QUAR. COLA CALCULATION - ADDITIONAL $.05 PAYMENT MADE IN JULY/96)

1996 – 3^RD QUAR. – COLA - $0.03

(MEMO OCT.24/96 – CBA EXPIRED SEPT. 15/96, PMT OF $0.51 UP TO SEPT. 15/96 INCLUSIVE. UNDER NEW PROVISION $0.03/HR ON SEPT. 30/96.)

1997 – 1^ST QUAR. – COLA - $0.08

(NOTICE RECEIVED APR. 8/97 TO ADJUST $0.12 – ROLL IN COLA)

1997 – 3^RD QUAR. – COLA - $0.12

(NOTICE RECEIVED OCT. 6/97 TO ADJUST $0.11 - ROLL IN COLA

OCT. 1/97)

1998 – 1^ST QUAR. – COLA - $0.10

(NOTICE RECEIVED FEB. 25/98 DOWNWARD ADJUSTMENT OF $0.02 – ROLL IN COLA EFFECTIVE APRIL 1/98)

1998 – 2^ND QUAR. – COLA - $0.15

(NOTICE RECEIVED AUG. 27/98 ADJUST $0.15 – ROLL IN COLA EFFECTIVE OCT. 1/98)

1999 – 2^ND QUAR. – COLA - $0.13

(NOTICE RECEIVED MAR. 15/99 DOWNWARD ADJUSTMENT $0.02 – COLA ROLL IN APRIL 1/99)

1999 – 3^RD QUAR. – NICKEL BONUS – WORK STOPPAGE

1999 – 3^RD QUAR. COLA – WORK STOPPAGE

2000 – APRIL – COLA ROLL IN - $0.01 (AUG 29/01)

COLA ROLL IN - BI-ANNUALLY – APRIL AND OCTOBER.

2000 – OCTOBER – COLA ROLL IN - $0.27 (AUG 29/01)

2001 – EARNING BASED COMP. - $1.20 – (LETTER OF AGREEMENT EFFECTIVE 2001)

2001– OCT – COLA ROLL IN - $0.29 – EFFECTIVE OCT. 1/01.

2001- 3^RD QUAR. – EARNINGS BASED COMP. - $0.30

2001 – 4^th QUAR. – COLA - $-0.19 – BASE RATE ADJUSTED DOWNWARD BY 0.19 CENTS EFFECTIVE APRIL 1, 2002.

2002 – 1^ST QUAR. – EARNINGS BASED COMP. - $0.54

2002 – 2^nd QUAR. – EARNINGS BASED COMP. - $1.20

2002 – 3^RDQUAR. – EARNINGS BASED COMP. – $0.84

2002 - 4^th QUAR. – EARNINGS BASED COMP. - $0.90

2003 – 1^ST QUAR. – EARNINGS BASED COMP. - $0.00

2003 – APRIL - COLA ROLL IN $0.18 - EFFECTIVE APRIL 1, 2003.

2003 – 2^nd QUAR. – EARNINGS BASED COMP. - $0.00 (R.O.C.E. -Return on Capital Employed hurdle not met)

2003 – 3^RD QUAR – EARNINGS BASED COMP - $0.00

2003 – 4^TH QUAR. – EARNINGS BASED COMP. - $0.00

2004 – APRIL – COLA ROLL IN $0.08 – EFFECTIVE APRIL 1, 2004.

2004 – 1^ST QUAR. – EARNINGS BASED COMP. - $0.00

2005 – 3RD QUAR. – COLA - $0.23 (ONE TIME PAYOUT CBA JULY 1/05 – SEPT. 15/05)

2005 – 4^TH QUAR. – COLA (NEGATIVE AMOUNT) – (NO INDICATION HOW MUCH)

2006 - COLA ROLL IN FOR APRIL 1, 2006 IS $0.00

(AS PER E-MAIL REC’D TODAY 4^TH QUAR. 2005 IS (-13 CENTS) NEGATIVE 13 CENTS.

2006 – 4^th QUAR. – NICKEL BONUS – ADVANCED $11.25 (FEB/07)

KEL BONUS - $1.57 (REMAINDER PAID MAR. 20/07)

2007 – 4^TH QUAR. – NICKEL BONUS - $1.23 (TOP-UP PMT.)

2008 – 3^RD QUAR. – COLA - $0.56 (PLUS AN ADDITIONAL SHORTFALL OF $0.04 ADDED FOR THE PERIOD SEPTEMBER 16-30, 2008.) ($0.52 CENTS PROJECTED AND ROLLED IN SEPT. 16/08)