New York State Teamsters Conference Pension Fund
multiemployer plan · NY Teamsters Conference · New York City, NY
ACTIVEPBGC Covered
F
Pension Health Score
27/100
Funding Status34% Funded
0%80% threshold100%
$1.6B
Total Assets
$4.8B
Total Liabilities
$3.1B
Unfunded Liability
25,805
Participants
Funding History
What This Means for You
New York State Teamsters Conference Pension Fund is significantly underfunded at 34%, with $3.1B in unfunded liabilities affecting 25,805 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 | $1.6B | $4.8B | 34.2% | $73.6M |
| 2024 | $1.6B | $4.6B | 34.2% | $70.7M |
| 2023 | $1.5B | $5.1B | 29.6% | $55.5M |
| 2022 | $1.5B | $4.1B | 35.4% | $63.7M |
| 2021 | $1.4B | $3.8B | 37.5% | $67.9M |