USDOL Warnings: 2020 Critical and Declining Status Pensions
2020 Critical and Declining Status Pensions
- Aluminum Brick and Glass Workers International Union AFL CIO CLC Eastern District Council 12 Pension Plan
- Automotive Industries Pension Plan
- Bakery and Confectionery Union and Industry International Pension Fund
- Bakery Drivers and Salesmen Local 194 Pension Fund
- Bricklayers and Allied Craft Workers Local 5 New York Pension Plan
- Building Material Drivers Local 436 Pension Fund
- Central States Southeast and Southwest Areas Pension Plan
- CWA ITU Negotiated Pension Plan
- Freight Drivers and Helpers Local Union 557 Pension Fund
- GCIU Employer Retirement Plan
- Graphic Communications Union Local 2 C Retirement Benefit Plan
- Idaho Signatory Employers Laborers Pension Plan
- IBEW Eastern States Pension Plan
- Local 138 Pension Trust Fund
- Local 1814 Riggers Pension Fund
- Local 210 Pension Plan
- Local 32E Supplemental Pension and Retirement Fund
- Local 917 Pension Fund
- Local 966 Pension Plan
- Midwestern Teamsters Pension Plan
- Millmens Retirement Trust of Washington
- New Bedford Fishermens Pension Plan
- Oregon Processors Seasonal Employees Pension Plan
- Paper Handlers Publishers Pension Fund
- Printing Local 72 Industry Pension Plan
- Production Workers Pension Fund
- Retail Clerks Specialty Stores Pension Fund
- Retirement Benefit Plan of GCIU Detroit Newspaper Union 13N with Detroit Area Newspaper Publishers
- Southern California Arizona Colorado and Southern Nevada Glaziers Architectural Metal and Glass Workers Pension Trust
- Southwest Ohio Regional Council of Carpenters Pension Plan
- Teamsters Local 102 Pension Fund
- Teamsters Local 210 Affiliated Pension Trust Fund
- Teamsters Local 641 Pension Plan
- Teamsters Union Local 52 Pension Fund
- UFCW Local One Pension Fund
- UFCW Union and Participating Food Industry Employers Tri State Pension Fund
- UFCW Unions and Employers Midwest Pension Plan
- UFCW Unions and Employers Pension Plan
- United Furniture Workers Employees Pension Fund
- United Independent Union Newspaper Guild of Greater Philadelphia Pension Plan
- Union de Tronquistas de Puerto Rico Local 901 Pension Plan
- Warehouse Employees Local 169 and Employers Joint Pension Fund
- Warehouse Employees Union Local 730 Pension Trust Fund
2020 Critical Status Pension Notices
- 1199SEIU Greater New York Pension Plan
- Alaska Plumbing and Pipefitting Industry Pension Plan
- Alaska UFCW Pension Fund
- Automotive Machinists Pension Trust
- Bakery Drivers Local 802 Pension Fund
- Birmingham Plumbers and Steamfitters Local Union Number 91 Pension Trust Fund
- Bricklayers and Allied Craft Workers Local 5 of New Jersey Pension Fund
- Bricklayers and Masons Local 22 Pension Plan
- Bricklayers Pension Fund of West Virginia
- California Teachers Association Employees Retirement Benefits Plan
- Carpenters Pension Fund of West Virginia
- Cleveland Bakers and Teamsters Pension Fund
- Colorado Cement Masons Pension Trust Fund
- Connecticut Health Care Associates Pension Plan
- Construction Industry and Laborers Joint Pension Trust for Southern Nevada Plan A
- Dairy Industry Union Pension Fund for Philadelphia and Vicinity
- District Council 82 Painting Industry Pension Plan
- Employer Teamsters Local 175 and 505 Pension Trust Fund
- Employers Shopmens Local 516 Pension Trust
- Food Employers Labor Relations Association and UFCW Pension Fund
- Graphic Arts Local 62B Industry Pension Plan
- IBEW Local 673 Pension Plan
- IBEW Local Union 98 Zone 2 Pension Trust Fund
- IBEW Local 90 Pension Fund
- Ironworkers Mid South Pension Plan
- Ironworkers Pension Trust Fund For Colorado
- Kansas Construction Trades Open End Pension Trust Fund
- Laborers National Pension Fund
- Local 1034 Pension Plan
- Local 1245 Labor Management Pension Plan
- Local 150 Hotel and Industry Pension Plan
- Local 298 Pension Fund
- Local 805 Pension and Retirement Plan
- Local Union 226 IBEW Open End Pension Trust Fund
- Ironworkers Local 402 Pension Plan
- Lumber Industry Pension Plan
- Minneapolis Retail Meat Cutters and Food Handlers Pension Plan
- NECA IBEW Local Union 527 Pension Plan
- New Jersey Building Laborers Statewide Pension Fund
- New York State Teamsters Conference Pension and Retirement Fund
- Northwest Bricklayers Pension Plan
- Operative Plasterers and Cement Masons Officers and Employees Pension Plan
- Oregon Retail Employees Pension Plan
- PACE Industry Union Management Pension Fund
- Pension Plan Private Sanitation Union Local 813 IBT
- Plasterers Local 82 Pension Fund
- Plumbers and Steamfitters Local 21 Zone II Pension Fund
- Retirement Benefit Plan of the Newspaper and Magazine Drivers Chauffeurs and Handlers Union Local 473
- Service Employees Pension Fund of Upstate New York
- Sheetmetal Workers Local 40 Pension Plan
- Sheetmetal Workers Local 44 Retirement Income Plan
- Southern California UFCW Unions and Drug Employers Pension Fund
- Southwest Marine Pension Plan
- Steamfitters Local Union 420 Pension Plan
- Teamsters Local 11 Pension Plan
- Teamsters Local 115 Pension Plan
- Teamsters Local 277 Pension Fund
- Teamsters Local 418 Pension Fund
- Teamsters Local 445 Pension Fund
- Teamsters Local Union 211 Pension Plan
- Toledo Roofers Local 134 Pension Plan
- Twin Cities Bakery Drivers Pension Plan
- Twin City Carpenters and Joiners Pension Plan
- UA Local Union 322 Pension Plan
- UFCW Heartland Pension Fund
- UFCW Local 1500 Pension Plan
- UFCW Local 23 and Giant Eagle Pension Plan
- UFCW Northern California Employers Joint Pension Trust Fund
- UFCW Unions and Participating Employers Pension Fund
- United Furniture Workers Pension Fund A
- Utah Bakers Pension Trust Fund
- Washington DC Cement Masons Pension Trust Fund
- Western Metal Industry Pension Fund
- Western Pennsylvania Teamsters and Employers Pension Fund
2020 Endangered Status Pension Notices
- Asbestos Workers Local 42 Pension Fund
- Boilermaker Blacksmith National Pension Trust
- Bricklayers and Trowel Trades International Pension Fund
- Bricklayers Union 1 of Kentucky Pension Trust Fund
- Central Laborers Pension Fund
- District 9 International Association of Machinists and Aerospace Workers Pension Trust
- Engineers AGC Pension Plan of the Inland Empire
- Greater Pennsylvania Carpenters Pension Fund
- IBEW Local 98 Pension Plan
- ILA Local 1478 2 Pension Plan
- Laborers District Council of Western Pennsylvania Pension Plan
- Laborers District Council Pension and Disability Trust Fund 2 | Español
- Local 1102 Retirement Trust
- Local 705 IBT Pension Plan
- National Basketball Association Players Pension Plan
- North Central State Regional Council of Carpenters Pension Plan
- Painters District Council 3 Pension Plan
- Pension Plan for the Apartment Employees Pension Trust
- Pension Plan of TWU Westchester Private Bus Lines Pension Trust
- Pension Trust Fund for Operating Engineers
- Pipefitters Local 636 Defined Benefit Pension Fund
- Plumbers and Pipefitters Local 74 Pension Plan
- Plumbers Local 98 Defined Benefit Pension Fund
- Roofers Union Local 30 Pension Plan
- Sheetmetal Workers Local 7 Zone 1 Pension Plan
- Sheetmetal Workers National Pension Fund
- Sheetmetal Workers Pension Plan of Southern California Arizona and Nevada
- Southern Connecticut IBEW Pension Plan
- Teamsters Local Union 716 Pension Plan
- Teamsters Pension Plan of Philadelphia and Vicinity
- Tri State Carpenters and Joiners Pension Trust Fund
Critical, Critical and Declining, Endangered and WRERA Status Notices
Under Federal pension law, if a multiemployer pension plan is determined to be in critical status (a plan in critical and declining status is considered to be a plan in critical status) or endangered status, the plan must provide notice of this status to participants, beneficiaries, the bargaining parties, the Pension Benefit Guaranty Corporation, and the Department of Labor. This requirement applies when a plan has funding or liquidity problems or both as described in the Federal law. If a plan is in critical status, adjustable benefits may be reduced and no lump sum distributions in excess of $5,000 can be made. If a critical status plan is also critical and declining, the plan sponsor may file an application with the Secretary of the Treasury requesting a temporary or permanent reduction of benefits to keep the plan from running out of money. Pension plans in critical and endangered status are required to adopt a plan aimed at restoring the financial health of the pension plan.
Participants with questions regarding the notices should first contact your plan administrator. If you still have questions, contact the Department of Labor’s Employee Benefits Security Administration electronically at askebsa.dol.gov or by calling toll-free 866-444-3272.
Notices may be emailed to the Department of Labor or mailed to the following address:
U.S. Department of Labor
EBSA Public Disclosure Room, N-1515
200 Constitution Avenue NW
Washington, DC 20210
(Source: USDOL)