UFCW International Union Industry Pension Fund
multiemployer plan · UFCW International · Washington, DC
Funding History
What This Means for You
UFCW International Union Industry Pension Fund is significantly underfunded at 45%, with $2.7B in unfunded liabilities affecting 42,280 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. The PBGC has flagged this plan as critical status. If you are a participant, it is important to understand your options and consider diversifying your retirement income sources.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $2.2B | $4.9B | 44.9% | $101.1M |
| 2024 | $2.1B | $4.7B | 43.7% | $115.8M |
| 2023 | $2.1B | $4.7B | 44.6% | $133.6M |
| 2022 | $1.9B | $3.7B | 52.1% | $127.7M |
| 2021 | $1.9B | $4.2B | 45.6% | $95.8M |
Frequently Asked Questions
UFCW International Union Industry Pension Fund is 45% funded, meaning it has 45 cents in assets for every dollar in future benefit obligations. This is significantly underfunded and participants should monitor the situation closely.
UFCW International Union Industry Pension Fund has 42,280 total participants, including 22,618 active employees and 19,662 retirees currently receiving benefits.
Yes, UFCW International Union Industry Pension Fund is covered by the Pension Benefit Guaranty Corporation (PBGC), which provides a backstop if the plan cannot pay benefits. The PBGC risk level is currently "critical."
The Pension Health Score (0-100, A-F) measures a pension plan's financial strength based on funding ratio (50%), funding trend over 3 years (30%), and PBGC risk level (20%). Higher scores indicate more secure retirement benefits.
Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.