2024-11-14T18:39:58+00:00 2023-12-31 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2023-01-01 274344749 UNITED STATES STEEL CORPORATION RETIREE INSURANCE BENEFITS TRUST UNIT 4124335070 600 GRANT STREET ROOM 1944 PITTSBURGH PA 15219 ERIN G Bealles ASST. SECRETARY, USS&CPF 4124335070 2024-11-15 true MALLORY FAIRLESS P01321579 3128997000 2024-11-15 2023 2024-10-15 13:58:12Z CARNEGIE PENSION FUND 600 GRANT STREET ROOM 1944 PITTSBURGH PA 15219 124755516 false X N/A X 2010 PA PAYMENT OF LIFE AND HEALTH INSURANCE BENEFITS FOR RETIRED EMPLOYEES OF U. S. STEEL. 1 1 0 0 0 0 0 166124065 124755516 0 0 166124065 124755516 0 166633260 111592808 0 0 0 69809 96120 166703069 111688928 -579004 13066588 12911832 25458527 2318580 1798687 10593252 23659840 THE UNITED STATES STEEL CORPORATION RETIREE INSURANCE BENEFITS TRUST (THE "TRUST") IS A TRUST ORGANIZED TO PAY LIFE AND HEALTH INSURANCE BENEFITS FOR RETIRED EMPLOYEES (AND THEIR BENEFICIARIES) OF THE UNITED STATES STEEL CORPORATION IN ACCORDANCE WITH UNITED STATES STEEL CORPORATION PLAN FOR RETIREE INSURANCE BENEFITS (THE "PLAN"), WHICH WAS ESTABLISHED ON DECEMBER 31, 2010. false false THE UNITED STATES STEEL CORPORATION PLAN FOR RETIREE INSURANCE BENEFITS. AS OF DECEMBER 31, 2023, OF THE UNITED STATES STEEL CORPORATION IN ACCORDANCE WITH UNITED STATES STEEL CORPORATION PLAN ORGANIZED TO PAY LIFE AND HEALTH INSURANCE BENEFITS FOR RETIRED EMPLOYEES (AND THEIR BENEFICIARIES) FOR RETIREE INSURANCE BENEFITS (THE "PLAN"), WHICH WAS ESTABLISHED ON DECEMBER 31, 2010. THERE WERE 23,774 PARTICIPANTS IN THE PLAN. THE TRUST PAID A TOTAL OF $111,592,808 IN LIFE AND HEALTH INSURANCE. THE UNITED STATES STEEL CORPORATION RETIREE INSURANCE BENEFITS TRUST (THE "TRUST") IS A TRUST PAYMENT OF INSURANCE BENEFITS FOR RETIRED EMPLOYEES (AND THEIR BENEFICIARIES) WHO PARTICIPATE IN INSURANCE BENEFITS TO PARTICIPANTS AND BENEFICIARIES IN THE 2023 CALENDAR YEAR. 0 false false false false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false false false false false false false true false false true 0 0 0 false false false false false false false false X 1 1 false false false false false false false true false false false false false false false false false false X Tara Diaz 4124335070 600 Grant street Room 1814 PITTSBURGH PA 15219 X US STEEL AND CARNEGIE PENSION FUND institutional trustee 0.0 0.0 X 96120 0 0 96120 0 0 0 false false false 0 0 TRUST CONTRIBUTIONS 525120 68313815 68313815 EMPLOYER CONTRIBUTIONS 525120 6540880 6540880 PARTICIPANTS CONTRIBUTIONS 525120 36212535 36212535 Other contributions 525120 13688286 13688286 0 0 0 0 124755516 0 0 0 0 0 0 0 0 0 124755516 124755516 0 0 111592808 0 Administrative expenses 96120 0 111688928 8234318 21918627 4677514 3539900 0 0 0 0 0 0 0 0 0 0 0 0 12911832 25458527 2318580 1798687 0 0 0 0 2318580 1798687 X 10593252 23659840 10593252 23659840 12911832 25458527 13066588 0 X false true X true false 0 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE TRUST'S FINANCIAL STATEMENTS ARE INCLUDED AS PART OF AN OVERALL FINANCIAL AUDIT FOR THE UNITED STATES STEEL CORPORATION PLAN FOR RETIREE INSURANCE BENEFITS (THE "PLAN"). THE FOLLOWING FOOTNOTE IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PLAN: US GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND TO RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023 AND 2022 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. THE PLAN SPONSOR BELIEVES IT IS NO LONGER SUBJECT TO EXAMINATIONS BY FEDERAL TAXING JURISDICTIONS FOR YEARS PRIOR TO 2020. Form 990, Part VI, Line 12a Conflict of interest Policy THE ORGANIZATION DOES NOT HAVE ITS OWN CONFLICT OF INTEREST POLICY BUT FOLLOWS THAT OF THE UNITED STATES STEEL AND CARNEGIE PENSION FUND ("PENSION FUND"). THE PENSION FUND ACTS AS THE INSTITUTIONAL TRUSTEE FOR THE UNITED STATES STEEL CORPORATION RETIREE INSURANCE BENEFITS TRUST. THE CHIEF COMPLIANCE OFFICER OF THE PENSION FUND PERFORMS AN ANNUAL COMPLIANCE REVIEW OF ITS CODE OF ETHICS, INCLUDING CONFLICT OF INTEREST. ANNUALLY, THE PENSION FUND EMPLOYEES CERTIFY COMPLIANCE WITH THE CODE OF ETHICS AND COMPLETE AN ETHICS QUESTIONNAIRE. Form 990, Part VI, Line 13 whistle-blower policy THE ORGANIZATION HAS NOT ADOPTED A WHISTLEBLOWER POLICY BUT FOLLOWS THE WHISTLEBLOWER POLICY OF THE UNITED STATES STEEL AND CARNEGIE PENSION FUND. Form 990, Part VI, Line 14 document retention and destruction policy THE ORGANIZATION HAS NOT ADOPTED A DOCUMENT RETENTION AND DESTRUCTION POLICY BUT FOLLOWS THE DOCUMENT RETENTION AND DESTRUCTION POLICY OF THE UNITED STATES STEEL AND CARNEGIE PENSION FUND. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THEREFORE, THIS QUESTION IS NOT APPLICABLE AND HAS BEEN CHECKED NO IN ACCORDANCE WITH THE INSTRUCTIONS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. PRIOR TO ITS SUBMISSION TO THE INTERNAL REVENUE SERVICE, FORM 990 IS REVIEWED AND APPROVED BY THE BENEFITS ACCOUNTING GROUP WITHIN THE UNITED STATES STEEL AND CARNEGIE PENSION FUND. Form 990, Part VI, Line 19 Required documents available to the public A COPY OF THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE EXTENT SUCH INSPECTION IS REQUIRED BY LAW. Form 990, Part X, Line 25 Other Liabilities LIABILITIES NOT REPORTED ON THE FINANCIAL STATEMENTS. THE FOLLOWING FOOTNOTE IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PLAN: CLAIMS INCURRED BUT NOT REPORTED TO THE PLAN REPRESENT AN ESTIMATE OF CLAIMS NOT PROCESSED AT THE END OF THE YEAR AND ARE ESTIMATED BY MANAGEMENT UTILIZING INFORMATION OBTAINED FROM THE INSURANCE COMPANIES. THESE AMOUNTS ARE PAID BY THE PLAN ONLY IF CLAIMS ARE SUBMITTED AND APPROVED FOR PAYMENT. United States Steel Corporation 600 GRANT STREET PITTSBURGH PA 15219 251897152 MANUFACTURING PA NA C Corporation 0 0 0 false false false false false false false false false false false false false false false false false false false false