IBEW Local 331 Pension Trust
multiemployer plan · IBEW Local 331 · Tulsa, OK
ACTIVEPBGC Covered
D
Pension Health Score
37/100
Funding Status55% Funded
0%80% threshold100%
$1.7B
Total Assets
$3.1B
Total Liabilities
$1.4B
Unfunded Liability
6,947
Participants
Funding History
What This Means for You
IBEW Local 331 Pension Trust is significantly underfunded at 55%, with $1.4B in unfunded liabilities affecting 6,947 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. 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 | $1.7B | $3.1B | 55.0% | $65.6M |
| 2024 | $1.7B | $3.0B | 55.2% | $63.1M |
| 2023 | $1.6B | $2.7B | 57.9% | $68.6M |
| 2022 | $1.5B | $2.5B | 59.7% | $65.5M |
| 2021 | $1.5B | $2.4B | 62.6% | $79.7M |