Steelworkers Local 495 Pension Trust
multiemployer plan · Steelworkers Local 495 · Shreveport, LA
ACTIVEPBGC Covered
B
Pension Health Score
65/100
Funding Status88% Funded
0%80% threshold100%
$898.3M
Total Assets
$1.0B
Total Liabilities
$128.3M
Unfunded Liability
7,202
Participants
Funding History
What This Means for You
Steelworkers Local 495 Pension Trust is in good financial health at 88% funded. This means for every dollar the plan owes in future benefits, it has 88 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 | $898.3M | $1.0B | 87.5% | $62.6M |
| 2024 | $851.2M | $932.3M | 91.3% | $50.9M |
| 2023 | $825.0M | $936.4M | 88.1% | $64.8M |
| 2022 | $798.4M | $901.1M | 88.6% | $53.6M |
| 2021 | $751.9M | $777.6M | 96.7% | $60.3M |