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Waterbury Rolling Mills, Olin Corp. Employees Eligible For Federal Trade Act Benefits

For immediate release
August 2, 2006
                                                                                                  

WETHERSFIELD, Approximately 87 employees of Waterbury Rolling Mills, Olin Corporation, who produce phosphor bronze strip have been certified as of July 21, 2006 as eligible to apply for Trade Adjustment Assistance (TAA) and Alternative Trade Adjustment Assistance (ATAA) benefits.

The Connecticut Labor Department is mailing an eligibility notice regarding the benefits to all affected employees and is providing information on how to apply for benefits. Employees eligible to apply for federal benefits are those who are, or will be, totally or partially separated from employment on or after June 8, 2005 and on or before July 21, 2008.  Workers who qualify yet do not receive eligibility information are urged to contact their nearest Labor Department CTWorks Center for information and assistance.   

Available assistance may include training and income support in the form of Trade Readjustment Allowances, as well as job search and relocation allowances for qualified workers who seek or obtain employment outside their normal commuting areas. Participation in ATAA may be available as an alternative to some TAA benefits, allowing older workers who accept reemployment at a lower wage to receive a wage subsidy. In addition, health coverage tax credits may be available to individuals eligible to receive TAA income support or ATAA wage subsidies.   

Those who need to apply for unemployment benefits are reminded that claims can now be taken over the telephone or Internet. Information can be found on the Department of Laborís Web site at www.ct.gov/dol.

Media Contact: Nancy Steffens  (860) 263-6535 

ATTENTION 

Employees of Waterbury Rolling Mills, Olin Corporation, who were engaged in the production of phosphor bronze strip:

You were certified on July 21, 2006 as eligible to apply for benefits under the federal Trade Adjustment Assistance Act (TAA) if you were, are or will be totally or partially separated from employment on or after June 8, 2005 and on or before July 21, 2008. 

Employees who qualify may be entitled to retraining and job search and relocation allowances. Health coverage tax credits and weekly cash benefits may be paid to eligible employees enrolled in approved training. 

Eligible workers may contact the nearest Department of Labor/CTWorks Center for information and assistance.


200 Folly Brook Boulevard, Wethersfield, CT 06109 / Phone: 860-263-6000

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