Painters Local 838 Pension Trust
multiemployer plan · Painters Local 838 · Colorado Springs, CO
ACTIVEPBGC Covered
B
Pension Health Score
66/100
Funding Status60% Funded
0%80% threshold100%
$1.6B
Total Assets
$2.7B
Total Liabilities
$1.1B
Unfunded Liability
15,656
Participants
Funding History
What This Means for You
Painters Local 838 Pension Trust is in good financial health at 60% funded. This means for every dollar the plan owes in future benefits, it has 60 cents in assets to cover it. This plan is also covered by the PBGC, providing an additional safety net. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $1.6B | $2.7B | 59.9% | $95.3M |
| 2024 | $1.5B | $2.9B | 53.8% | $125.1M |
| 2023 | $1.5B | $2.6B | 57.8% | $132.8M |
| 2022 | $1.4B | $2.7B | 51.6% | $91.6M |
| 2021 | $1.4B | $2.9B | 47.5% | $124.6M |