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PensionWatch

Plumbers & Pipefitters National Pension Fund

multiemployer plan · United Association · Washington, DC

ACTIVEPBGC Covered
B
Pension Health Score
66/100
Funding Status60% Funded
0%80% threshold100%
$19.0B
Total Assets
$31.6B
Total Liabilities
$12.6B
Unfunded Liability
449,654
Participants

Funding History

What This Means for You

Plumbers & Pipefitters National Pension Fund 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

YearAssetsLiabilitiesFunding RatioContributions
2025$19.0B$31.6B60.2%$1.5B
2024$18.3B$30.0B60.9%$1.7B
2023$18.1B$30.5B59.5%$1.5B
2022$16.6B$30.8B54.0%$1.5B
2021$16.5B$34.6B47.7%$1.3B