United Steelworkers members at ArcelorMittal will get more details today on their tentative contract settlement in fliers being handed out by the union at plants.

One of the fliers was posted Monday evening on the USW Local 1010 Web site and shows the USW won pension credit for members who missed years of work from 1985 to 1999 due to layoff.

"This is a very, very good agreement that has something for everyone," said Local 1010 President Tom Hargrove on Monday as he prepared the fliers at the local's East Chicago union hall.

Hargrove also said Monday the capital investment required of ArcelorMittal in the contract will happen in every company facility in Northwest Indiana. Overall, the contract requires the company to invest $3 billion in its U.S. operations.

Luxembourg-based ArcelorMittal has 14 facilities in the United States employing 14,000 people. Almost 9,000 of those employees work at plants in Northwest Indiana.

Special attention was paid to retirement benefits in the negotiations, not only for ArcelorMittal employees, but also for those of long-gone steel companies such as Acme, Bethlehem and LTV.

A health care-benefit trust fund for those employees will get company contributions of $25 million every three months for the life of the contract. Thousands of employees and retirees of those companies lost pensions and health care in bankruptcies.

The higher pension benefit worked out in negotiations for ArcelorMittal employees retiring after January basically works out to pension payments of $100 per month for every year of service, Hargrove said. That means a worker retiring with 30 years of service would have a pension of $36,000 per year.

Ballots and an even longer explanation of the contract will go out to members by mail next week, Hargrove said. A meeting will then be held to further explain the contract and answer members' questions.

The entire ratification process is expected to last about a month.