Roofers Local 119 Pension Trust
multiemployer plan · Roofers Local 119 · Washington, DC
ACTIVEPBGC Covered
D
Pension Health Score
40/100
Funding Status60% Funded
0%80% threshold100%
$2.0B
Total Assets
$3.3B
Total Liabilities
$1.3B
Unfunded Liability
10,199
Participants
Funding History
What This Means for You
Roofers Local 119 Pension Trust is significantly underfunded at 60%, with $1.3B in unfunded liabilities affecting 10,199 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. 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 | $2.0B | $3.3B | 59.5% | $91.2M |
| 2024 | $1.8B | $2.8B | 65.0% | $64.2M |
| 2023 | $1.8B | $3.0B | 60.0% | $86.4M |
| 2022 | $1.8B | $3.0B | 59.9% | $77.0M |
| 2021 | $1.7B | $2.5B | 67.0% | $82.1M |