Laborers Local 180 Pension Trust
multiemployer plan · Laborers Local 180 · Spokane, WA
ACTIVEPBGC Covered
C
Pension Health Score
56/100
Funding Status70% Funded
0%80% threshold100%
$1.7B
Total Assets
$2.5B
Total Liabilities
$733.6M
Unfunded Liability
15,587
Participants
Funding History
What This Means for You
Laborers Local 180 Pension Trust is 70% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $733.6M in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. PBGC coverage provides a backstop, but benefits could be reduced to PBGC maximums in a worst-case scenario. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $1.7B | $2.5B | 70.2% | $143.7M |
| 2024 | $1.6B | $2.3B | 70.9% | $109.3M |
| 2023 | $1.6B | $2.4B | 67.0% | $117.5M |
| 2022 | $1.6B | $2.3B | 69.4% | $113.7M |
| 2021 | $1.4B | $1.9B | 75.2% | $148.5M |