Steelworkers Local 765 Pension Trust
multiemployer plan · Steelworkers Local 765 · Shreveport, LA
ACTIVEPBGC Covered
D
Pension Health Score
37/100
Funding Status44% Funded
0%80% threshold100%
$385.7M
Total Assets
$873.8M
Total Liabilities
$488.1M
Unfunded Liability
17,455
Participants
Funding History
What This Means for You
Steelworkers Local 765 Pension Trust is significantly underfunded at 44%, with $488.1M in unfunded liabilities affecting 17,455 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. The PBGC has flagged this plan as critical status. 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 | $385.7M | $873.8M | 44.1% | $28.0M |
| 2024 | $377.0M | $841.5M | 44.8% | $26.5M |
| 2023 | $360.0M | $751.5M | 47.9% | $20.3M |
| 2022 | $349.6M | $800.1M | 43.7% | $21.1M |
| 2021 | $331.2M | $749.3M | 44.2% | $21.7M |