UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported):
February 4, 2009
United States Steel Corporation
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(Exact name of registrant as specified in its charter)
Delaware 1-16811 25-1897152
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
600 Grant Street, Pittsburgh, PA 15219-2800
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(Address of principal executive (Zip Code)
offices)
(412) 433-1121
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(Registrant's telephone number,
including area code)
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
2
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective February 4, 2009, United States Steel Corporation ended the enrollment
period under a voluntary early retirement program (a "VERP") that had been
offered to certain of its non-represented employees in the United States.
Retirements will be effective February 28, 2009, except that the Corporation may
elect to delay certain participants' retirement dates under the program. The
principal terms of the VERP include one additional year of service and age to be
added to each participant's service and age for benefit accrual and early
retirement eligibility purposes under the relevant pension plans, and one year
of salary will be paid to each participant. Additionally, the rate used to
determine any lump sum calculation will be protected for those participants the
Corporation determines will retire after February 28, 2009. A form of the VERP
program is filed herewith as Exhibit 99.1.
Item 8.01. Other Events
On February 6, 2009, United States Steel Corporation announced that
approximately 500 employees have elected to retire under the VERP described
above. A copy of the press release in substantially the form released is filed
herewith as Exhibit 99.2.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 A form of the VERP program
99.2 Press release titled "U. S. Steel Announces Results of
Successful Voluntary Early Retirement Program"
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
UNITED STATES STEEL CORPORATION
By /s/ Larry G. Schultz
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Larry G. Schultz
Senior Vice President & Controller
Dated: February 6, 2009