Plumbers Local 112 Pension Trust
multiemployer plan · Plumbers Local 112 · Baton Rouge, LA
ACTIVEPBGC Covered
C
Pension Health Score
58/100
Funding Status45% Funded
0%80% threshold100%
$879.9M
Total Assets
$1.9B
Total Liabilities
$1.1B
Unfunded Liability
13,253
Participants
Funding History
What This Means for You
Plumbers Local 112 Pension Trust is 45% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $1.1B 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 | $879.9M | $1.9B | 45.3% | $70.5M |
| 2024 | $854.5M | $1.7B | 49.3% | $71.8M |
| 2023 | $827.6M | $1.7B | 47.4% | $74.0M |
| 2022 | $776.3M | $1.9B | 40.8% | $63.2M |
| 2021 | $749.7M | $2.1B | 35.8% | $70.7M |