The U.S. Steel deal

Locked out workers grumbling as they prepare to vote on it.
They had a chance to see it last night and will have a couple days to mull it over before voting on the contract proposal this weekend.
So far the workers do not seem impressed with U.S. Steel’s last offer.
When their union failed to negotiate a contract with last November, the company locked out about 900 workers and closed the plant.
U.S. Steel plans to recall about 730 workers if the contract is ratified Saturday.
Here are the main points:
-It is a three-year-deal with no wage increase, but a signing bonus of $3-thousand for each worker.
-Profit sharing will be available only if the Hamilton plant has a profit above $25-million.
The maximum profit sharing could reach is $35-hundred.
-New employees would have no pension plan but contribute to a group RRSP.
-Retirees would have indexing removed from their pensions.
Retirees who earn less than $15-hundred dollars a month would get a once only payment of $1-thousand.