This list of 108 seriously underfunded union pension plans is from a September 2009 report by Moody's.
Ideally a plan should be 100% funded or better. Those funds below 80% funded are Endangered. Those below 65% funded are Critical. My New England fund, near the bottom, must be on life support.
Union Pension Plan. . .% Funded.
Alaska Hotel & Restaurant Employees Pension Plan 79.70%.
American Federation of Musicians & Employers Pension 78.90%.
Teamsters Local 639 Employers Pension Trust 76.10%.
Producer-Writers Guild of America Pension Plan 75.90%.
Ohio Operating Engineers Pension Plan 75.70%.
Laborers District Council and Contractors Pension Fund of Ohio 75.40%.
Southern Nevada Culinary & Bartenders Pension Trust 75.40%.
Alaska Electrical Pension Plan 74.30%.
Alaska Laborers – Employers Retirement Fund 73.70%.
Electrical Contractors Assoc. of City of Chicago Union 134, IBEW Jt. Pension 2 73.70%.
Carpenters Retirement Plan of Western Washington 73.10%.
Automotive Industries Pension Plan 72.40%.
American Maritime Officers Pension Plan (2005) 72.40%.
United Mine Workers of America 1974 Pension Plan 72.30%.
GCIU Local 119B NY Printers League Pension Fund 71.40%.
National Elevator Industry Pension 71.00%.
Western Conference of Teamsters 70.60%.
Newspaper GUILD of NY the New York Times Pension Plan 70.50%.
Chicago District Council of Carpenters Pension Fund 70.10%.
District No. 9, IAM and Aerospace Workers Pension 69.70%.
Rocky Mt. UFCW Unions & Employers Pension Plan 69.50%.
Hotel/Casino – Summary 69.50%.
NECA-IBEW Pension Trust Fund 69.20%.
Central Pension Fund of the IUOE and Participating Employers 69.20%.
AFTRA Retirement Plan 68.90%.
Carpenters Pension Trust Fund of St Louis 68.60%.
MA State Carpenters Pension Fund 68.60%.
National Automatic Sprinkler Industry Pension 67.80%.
Midwest Operating Engineers Pension 67.80%.
Retail Clerks Pension Plan 67.70%.
Electrical Workers Pension Fund, Local 103, IBEW 67.50%.
Building Trades United Pension Trust Fund MIL and Vicinity 67.40%.
CWA/ITU Negotiated Pension Plan 66.80%.
UFCW Unions & Employers Midwest Pension Fund 66.70%.
Laborers Pension Fund 66.70%.
Carpenters Pension Fund of Philadelphia and Vicinity 66.40%.
UFCW International Union Pension Plan for Employees 66.40%.
Alaska Teamster-Employer Pension Plan 66.30%.
Steelworkers Pension Trust (2007) 66.20%.
Hotel Industry-ILWU Pension Plan 65.70%.
National Asbestos Workers Pension Fund 65.20%.
IUOE Stationary Engineers Local 39 Pension Plan 65.20%.
SEIU National Industry Pension Fund 65.00%.
Trucking Employees of North Jersey Welfare Fund Inc. Pension Fund 65.00%.
Massachusetts Laborers Pension Fund 64.70%.
California Ironworkers Field Pension Trust 64.50%.
Carpenters Pension Fund of Illinois 64.20%.
Automotive Machinists Pension Plan 63.80%.
NJ Carpenters Pension Fund 63.60%.
The Newspaper Guild International Pension Plan 62.80%.
Minnesota Laborers Pension Fund 62.40%.
Bakery & Confectionery Union & Industry International Pension 62.30%.
Laborers National Pension Fund 62.10%.
Operating Engineers Pension Trust 61.70%.
UFCW Unions and Food Employers Pension Plan of Central Ohio 61.30%.
UFCW Nothern California Joint Pension 61.00%.
Carpenters Pension fund of Western Pennsylvania 60.80%.
Newspaper and Mail Delivers – Publishers Pension Fund 60.50%.
Carpenter Pension Trust for Southern California 60.40%.
BERT Bell Pete Rozelle NFL Player Retirement Plan 60.00%.
Major League Baseball Players Pension Plan 59.60%.
Sheet Metal Workers Pension Plan of S. CA, Arizona and Nevada 59.50%.
NY District Council of Carpenters Pension Plan 59.30%.
SO CA UFCW Union Joint Pension 58.40%.
National Electrical Benefit Fund 58.20%.
Boilermaker Blacksmith National Pension 58%.
GCIU-Employer Retirement Fund 57.60%.
ILWU-PMA Pension Plan 56.90%.
Masters, Mates & Pilots Pension Plan 56.60%.
Wisconsin Carpenters Pension Fund 56.50%.
Electrical Workers Pension Trust Fund of Local Union 58 55.80%.
Automotive Mechanics Local No. 701 Union Pension Fund 55.60%.
IB of T Union Local 710 Pension 55.60%.
Michigan Laborers Pension Fund 55.30%.
PACE Industry Union-Management Pension Fund 55.20%.
Pipe Fitters Retirement Fund Local 597 55.20%.
Sheet Metal Workers Pension Plan of Northern Calif 55.10%.
Central Pennsylvania Teamsters Defined Benefit Plan 55.10%.
NY Hotel Trades Council and Hotel Association of NYC Pension Fund 55.10%.
Teamsters Joint Council No. 83 of Verginia Pension Fund 54.90%.
National Integrated Group Pension Plan 54.50%.
Plumbers & Pipefitters National Pension 54.50%.
Central Laborers Pension Fund 54.20%.
Iron Workers District Council of Southern Ohio & Vicinity Pension Trust 53.90%.
Carpenters Pension Trust Fund for Northern California 53.70%.
Bricklayers & Trowel Trades International Pension Fund 53.60%.
Western Pennsylvania Teamsters and Employers Pension Plan 53.10%.
Chicago Newspaper Publishers Drivers Union Pension Trust 52.90%.
OE Pension Trust Fund 52.40%.
Indiana State District Council of Laborers & Hod Carriers Pension Fund 51.70%.
NYS Teamsters Conference Pension & Retirement Fund 51.40%.
LIUNA National Industrial Pension Fund 50.30%.
Michigan Carpenters Pension Fund 50.20%.
Twin City Carpenters Pension Fund 50.20%.
Laborers Pension Trust Fund for Northern California 50.00%.
HERE Local 25 and Hotel Association of Washington, DC Pension 49.30%.
Central States SE&SW 48.50%.
Teamsters Pension Trust of Philadelphia and Vicinity 48.50%.
Operating Engineers Local 324 Pension Fund 47.30%.
Laborers District Council of W. PA Pension Fund 46.80%.
Iron Workers Local No. 25 Pension Trust Fund 46.40%.
Local 705 IB of T Pension Trust Fund 46.30%.
Building Service 32B-J Pension Fund 42.30%.
Carpenters Pension Trust Fund Detroit & Vicinity 41.40%.
New England Teamsters & Trucking Industry Pension 40.50%.
FELRA and UFCW Pension Fund 39.80%.
Local 804 I.B.T. and Local 447 IAM UPS Multi-employer Retirement Plan 39.70%.
Sheet Metal Workers National Pension Fund 38.00%
Ideally a plan should be 100% funded or better. Those funds below 80% funded are Endangered. Those below 65% funded are Critical. My New England fund, near the bottom, must be on life support.
Union Pension Plan. . .% Funded.
Alaska Hotel & Restaurant Employees Pension Plan 79.70%.
American Federation of Musicians & Employers Pension 78.90%.
Teamsters Local 639 Employers Pension Trust 76.10%.
Producer-Writers Guild of America Pension Plan 75.90%.
Ohio Operating Engineers Pension Plan 75.70%.
Laborers District Council and Contractors Pension Fund of Ohio 75.40%.
Southern Nevada Culinary & Bartenders Pension Trust 75.40%.
Alaska Electrical Pension Plan 74.30%.
Alaska Laborers – Employers Retirement Fund 73.70%.
Electrical Contractors Assoc. of City of Chicago Union 134, IBEW Jt. Pension 2 73.70%.
Carpenters Retirement Plan of Western Washington 73.10%.
Automotive Industries Pension Plan 72.40%.
American Maritime Officers Pension Plan (2005) 72.40%.
United Mine Workers of America 1974 Pension Plan 72.30%.
GCIU Local 119B NY Printers League Pension Fund 71.40%.
National Elevator Industry Pension 71.00%.
Western Conference of Teamsters 70.60%.
Newspaper GUILD of NY the New York Times Pension Plan 70.50%.
Chicago District Council of Carpenters Pension Fund 70.10%.
District No. 9, IAM and Aerospace Workers Pension 69.70%.
Rocky Mt. UFCW Unions & Employers Pension Plan 69.50%.
Hotel/Casino – Summary 69.50%.
NECA-IBEW Pension Trust Fund 69.20%.
Central Pension Fund of the IUOE and Participating Employers 69.20%.
AFTRA Retirement Plan 68.90%.
Carpenters Pension Trust Fund of St Louis 68.60%.
MA State Carpenters Pension Fund 68.60%.
National Automatic Sprinkler Industry Pension 67.80%.
Midwest Operating Engineers Pension 67.80%.
Retail Clerks Pension Plan 67.70%.
Electrical Workers Pension Fund, Local 103, IBEW 67.50%.
Building Trades United Pension Trust Fund MIL and Vicinity 67.40%.
CWA/ITU Negotiated Pension Plan 66.80%.
UFCW Unions & Employers Midwest Pension Fund 66.70%.
Laborers Pension Fund 66.70%.
Carpenters Pension Fund of Philadelphia and Vicinity 66.40%.
UFCW International Union Pension Plan for Employees 66.40%.
Alaska Teamster-Employer Pension Plan 66.30%.
Steelworkers Pension Trust (2007) 66.20%.
Hotel Industry-ILWU Pension Plan 65.70%.
National Asbestos Workers Pension Fund 65.20%.
IUOE Stationary Engineers Local 39 Pension Plan 65.20%.
SEIU National Industry Pension Fund 65.00%.
Trucking Employees of North Jersey Welfare Fund Inc. Pension Fund 65.00%.
Massachusetts Laborers Pension Fund 64.70%.
California Ironworkers Field Pension Trust 64.50%.
Carpenters Pension Fund of Illinois 64.20%.
Automotive Machinists Pension Plan 63.80%.
NJ Carpenters Pension Fund 63.60%.
The Newspaper Guild International Pension Plan 62.80%.
Minnesota Laborers Pension Fund 62.40%.
Bakery & Confectionery Union & Industry International Pension 62.30%.
Laborers National Pension Fund 62.10%.
Operating Engineers Pension Trust 61.70%.
UFCW Unions and Food Employers Pension Plan of Central Ohio 61.30%.
UFCW Nothern California Joint Pension 61.00%.
Carpenters Pension fund of Western Pennsylvania 60.80%.
Newspaper and Mail Delivers – Publishers Pension Fund 60.50%.
Carpenter Pension Trust for Southern California 60.40%.
BERT Bell Pete Rozelle NFL Player Retirement Plan 60.00%.
Major League Baseball Players Pension Plan 59.60%.
Sheet Metal Workers Pension Plan of S. CA, Arizona and Nevada 59.50%.
NY District Council of Carpenters Pension Plan 59.30%.
SO CA UFCW Union Joint Pension 58.40%.
National Electrical Benefit Fund 58.20%.
Boilermaker Blacksmith National Pension 58%.
GCIU-Employer Retirement Fund 57.60%.
ILWU-PMA Pension Plan 56.90%.
Masters, Mates & Pilots Pension Plan 56.60%.
Wisconsin Carpenters Pension Fund 56.50%.
Electrical Workers Pension Trust Fund of Local Union 58 55.80%.
Automotive Mechanics Local No. 701 Union Pension Fund 55.60%.
IB of T Union Local 710 Pension 55.60%.
Michigan Laborers Pension Fund 55.30%.
PACE Industry Union-Management Pension Fund 55.20%.
Pipe Fitters Retirement Fund Local 597 55.20%.
Sheet Metal Workers Pension Plan of Northern Calif 55.10%.
Central Pennsylvania Teamsters Defined Benefit Plan 55.10%.
NY Hotel Trades Council and Hotel Association of NYC Pension Fund 55.10%.
Teamsters Joint Council No. 83 of Verginia Pension Fund 54.90%.
National Integrated Group Pension Plan 54.50%.
Plumbers & Pipefitters National Pension 54.50%.
Central Laborers Pension Fund 54.20%.
Iron Workers District Council of Southern Ohio & Vicinity Pension Trust 53.90%.
Carpenters Pension Trust Fund for Northern California 53.70%.
Bricklayers & Trowel Trades International Pension Fund 53.60%.
Western Pennsylvania Teamsters and Employers Pension Plan 53.10%.
Chicago Newspaper Publishers Drivers Union Pension Trust 52.90%.
OE Pension Trust Fund 52.40%.
Indiana State District Council of Laborers & Hod Carriers Pension Fund 51.70%.
NYS Teamsters Conference Pension & Retirement Fund 51.40%.
LIUNA National Industrial Pension Fund 50.30%.
Michigan Carpenters Pension Fund 50.20%.
Twin City Carpenters Pension Fund 50.20%.
Laborers Pension Trust Fund for Northern California 50.00%.
HERE Local 25 and Hotel Association of Washington, DC Pension 49.30%.
Central States SE&SW 48.50%.
Teamsters Pension Trust of Philadelphia and Vicinity 48.50%.
Operating Engineers Local 324 Pension Fund 47.30%.
Laborers District Council of W. PA Pension Fund 46.80%.
Iron Workers Local No. 25 Pension Trust Fund 46.40%.
Local 705 IB of T Pension Trust Fund 46.30%.
Building Service 32B-J Pension Fund 42.30%.
Carpenters Pension Trust Fund Detroit & Vicinity 41.40%.
New England Teamsters & Trucking Industry Pension 40.50%.
FELRA and UFCW Pension Fund 39.80%.
Local 804 I.B.T. and Local 447 IAM UPS Multi-employer Retirement Plan 39.70%.
Sheet Metal Workers National Pension Fund 38.00%
