Teamsters Local 114 Pension Trust
multiemployer plan · Teamsters Local 114 · Indianapolis, IN
ACTIVEPBGC Covered
C
Pension Health Score
51/100
Funding Status56% Funded
0%80% threshold100%
$1.3B
Total Assets
$2.3B
Total Liabilities
$994.4M
Unfunded Liability
4,361
Participants
Funding History
What This Means for You
Teamsters Local 114 Pension Trust is 56% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $994.4M in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. PBGC coverage provides a backstop, but benefits could be reduced to PBGC maximums in a worst-case scenario. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $1.3B | $2.3B | 56.1% | $80.0M |
| 2024 | $1.2B | $2.2B | 54.1% | $75.8M |
| 2023 | $1.2B | $2.0B | 58.3% | $79.3M |
| 2022 | $1.1B | $2.0B | 54.7% | $72.4M |
| 2021 | $1.0B | $1.9B | 54.9% | $102.0M |