AK Steel Corporation Noncontributory Pension Plan is a single-employer and defined-benefit corporate pension based in West Chester, Ohio. Established in 1950, the plan provides retirement, death, and disability benefits to the employees of AK Steel Corporation and its subsidiaries. The employees are entitled to normal annual pension benefits at retirement age. The plan is the only participating benefit plan that has an interest in the master trust. U.S. Bank is the trustee of the plan. The plan is managed by the executive management team.