Teamsters Local 473 Pension Trust
multiemployer plan · Teamsters Local 473 · Missoula, MT
ACTIVEPBGC Covered
C
Pension Health Score
63/100
Funding Status81% Funded
0%80% threshold100%
$1.1B
Total Assets
$1.3B
Total Liabilities
$252.1M
Unfunded Liability
9,198
Participants
Funding History
What This Means for You
Teamsters Local 473 Pension Trust is 81% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $252.1M 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 | $1.1B | $1.3B | 81.3% | $47.7M |
| 2024 | $1.1B | $1.4B | 76.5% | $41.5M |
| 2023 | $1.0B | $1.3B | 76.8% | $38.1M |
| 2022 | $958.6M | $1.3B | 75.1% | $50.3M |
| 2021 | $920.5M | $1.0B | 89.5% | $47.0M |