SEIU National Industry Pension Fund
multiemployer plan · Service Employees International Union · Washington, DC
ACTIVEPBGC Covered
D
Pension Health Score
47/100
Funding Status50% Funded
0%80% threshold100%
$4.0B
Total Assets
$7.9B
Total Liabilities
$3.9B
Unfunded Liability
109,719
Participants
Funding History
What This Means for You
SEIU National Industry Pension Fund is significantly underfunded at 50%, with $3.9B in unfunded liabilities affecting 109,719 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 | $4.0B | $7.9B | 50.3% | $235.3M |
| 2024 | $3.9B | $7.5B | 51.6% | $222.6M |
| 2023 | $3.7B | $7.0B | 52.4% | $272.9M |
| 2022 | $3.4B | $6.3B | 54.1% | $266.0M |
| 2021 | $3.3B | $6.6B | 49.9% | $282.2M |