2024-10-22T08:47:55-05:00 2023-12-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2023-01-01 201203429 VEBA FOR RETIREES OF KAISER ALUMINUM % CDS ADMINISTRATORS INC VEBA 4122012242 60 BLVD OF THE ALLIES 5TH FL PITTSBURGH PA 15222 THOMAS F DUZAK CHAIRMAN 4122012242 2024-10-16 true true RICHARD RUVELSON P00234075 3012726000 2023 2024-10-15 13:58:12Z THOMAS F DUZAK 60 BLVD OF THE ALLIES 5TH FL PITTSBURGH PA 15222 124547461 false X N/A X 2004 PA The fund operates as a trust to provide certain health benefits to current and future kaiser retirees following employment in certain usw & iam represented bargaining units 4 2 0 0 0 0 0 0 0 0 5543776 14161089 8170405 8903007 13714181 23064096 0 0 31231654 33121798 0 0 0 0 0 1157171 1339819 32388825 34461617 -18674644 -11397521 797437318 845350941 25733 353054 797411585 844997887 THE FUND OPERATES AS A TRUST TO PROVIDE CERTAIN HEALTH BENEFITS TO CURRENT AND FUTURE KAISER RETIREES FOLLOWING EMPLOYMENT IN CERTAIN USW AND IAM REPRESENTED BARGAINING UNITS. false false PROVIDES PRESCRIPTION DRUG BENEFITS TO CERTAIN MEDICARE ELIGIBLE PARTICIPANTS, TO THEIR BENEFICIARIES AND COVERED DEPENDENTS. ELIGIBLE PARTICIPANTS RECEIVE MEDICARE PART B REIMBURSEMENTS BASED ON A SET MONTHLY RATE FROM THE PLAN. ESTABLISHED A HEALTHCARE PREMIUM REIMBURSEMENT PROGRAM THAT PROVIDES REIMBURSEMENT FOR PREMIUMS PAID BY ENROLLED PARTICIPANTS FOR VARIOUS FORMS OF QUALIFIED MEDICAL, PRESCRIPTION, DENTAL, AND VISION BENEFITS. false false false false false false false false false false true false false false true true false 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 2 0 true 0 false false false false false false false false X 4 2 false false false false false true false true false false false true true true true true true false false false X CDS ADMINISTRATORS INC 4122012242 60 BLVD OF THE ALLIES 5TH FL PITTSBURGH PA 15222 X X THOMAS F DUZAK TRUSTEE/CHAIRMAN 6.0 0.0 X 0 0 0 JAYNE SABO TRUSTEE 3.0 0.0 X 0 0 0 NEAL WEST TRUSTEE 3.0 0.0 X 0 0 0 JAMES WOODWARD TRUSTEE 3.0 0.0 X 0 0 0 0 0 0 0 false false false STATE STREET GLOBAL ADVISORS ONE LINCOLN STREET 8 BOSTON MA 02110 ASSET MANAGEMENT 478025 MEDCO CONTAINMENT LIFE INSURANCE CO 225 FRANKLIN STREET FLOOR 18 BOSTON MA 02110 CONTRACT ADMIN 252659 MEKETA INVESTMENT GROUP INC 80 UNIVERSITY AVENUE WESTWOOD MA 02090 ASSET MANAGEMENT 185000 CDS ADMINISTRATORS INC 60 BLVD OF THE ALLIES 5TH FL PITTSBURGH PA 15222 FUND/CLAIMS ADMIN. 182437 4 0 0 1587575 1587575 0 0 0 0 0 114056879 101483365 12573514 12573514 12573514 0 0 0 0 0 0 0 0 0 PRESCRIPTION DRUG REBATES 525100 8207876 8207876 MEDICARE PART D SUBSIDY 525100 445131 445131 ADMIN EXPENSE REIMBURSEMENTS 900099 250000 250000 8903007 23064096 8903007 0 14161089 0 0 0 33121798 0 0 0 0 0 0 0 9300 33274 0 0 719229 465596 0 13436 0 0 0 0 0 0 0 0 0 90218 PCORI EXCISE TAX 8766 34461617 1857394 1583047 1567 3615594 0 0 3649059 3633359 0 0 0 0 0 0 0 0 74028 76760 0 0 0 0 791855270 836442181 0 0 0 0 0 0 797437318 845350941 25733 353054 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25733 353054 X 797411585 844997887 0 0 0 0 797411585 844997887 797437318 845350941 -11397521 58983823 X false true X true false SSGA COMMON TRUST FUNDS 703199898 F LOOMIS SAYLES SENIOR LOAN FUND 83832553 F RREEF AMERICA LLC (REIT) 49409730 F 836442181 0 0 X 81328690 58983823 58983823 22344867 719229 719229 23064096 33742388 33742388 719229 719229 34461617 PART X, LINE 2 - FIN 48 FOOTNOTE: Accounting principles generally accepted in the United States of America require management of the Plan to evaluate tax positions taken and recognize a tax liability if the trust has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has evaluated the tax positions taken by the trust and concluded that as of December 31, 2023, and 2022 there are no uncertain positions taken or expected to be taken that would require recognition in the financial statements. The Plan is subject to routine audits by taxing and regulatory jurisdictions; however, there are currently no audits in progress for any tax periods in progress. In addition, there have been no tax-related interest or penalties for the periods presented in these financial statements. PART VI, SECTION A, LINE 7A - APPOINTMENT OF BOARD TRUSTEES: THE BOARD OF TRUSTEES IS COMPRISED OF FOUR INDIVIDUAL TRUSTEES. TWO TRUSTEES ARE APPOINTED BY UNITED STEELWORKERS (UNION) AND TWO TRUSTEES ARE APPOINTED BY KAISER ALUMINUM (EMPLOYER). ANY SUCCESSOR TRUSTEES ARE APPOINTED BY THE UNION AND EMPLOYER GROUPS, RESPECTIVELY. PART VI, SECTION A, LINE 8B - OTHER COMMITTEES: THE ORGANIZATION HAS NO OTHER COMMITTEES OUTSIDE OF THE GOVERNING BODY. PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990: A DRAFT COPY OF THE FORM 990 IS ELECTRONICALLY TRANSMITTED BY THE ACCOUNTANTS TO THE AUDIT COMMITTEE, WHICH THEN DISBURSE COPIES OF THE RETURN TO THE MEMBERS OF THE GOVERNING BOARD. THE BOARD AND AUDIT COMMITTEE THEN REVIEW THE RETURN TOGETHER. IF ANY CHANGES ARE RECOMMENDED, THE AUDIT COMMITTEE DISCUSSES THE CHANGES WITH THE ACCOUNTANTS, WHO WILL MAKE ANY NECESSARY REVISIONS AND SUPPLY A NEW VERSION OF THE FORM 990. THE FINAL VERSION IS SENT TO THE CHAIRMAN BY THE AUDIT COMMITTEE FOR HIS EXECUTION TO FILE THE RETURN. PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY: AREAS OF POSSIBLE CONFLICTS ARE REVIEWED BY THE TRUSTEES UPON RECEIPT OF ANY REQUREST OF INFORMATION TO ASCERTAIN WHETHER ANY COVERED PERSON IS COMPLING WITH THE POLICY. PART VI, SECTION C, LINE 19-AVAILABILITY OF GOVERNING DOCUMENTS: THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. VEBA COMMITTEE FOR RETIREES OF KAISER 60 BLVD OF THE ALLIES 5TH FLOOR PITTSBURGH PA 15222 PLAN SPONSOR PA false KAISER ALUMINUM CORPORATION false false false false false false false false false false false false false false false false false false true