Teamsters Local 830 Pension Trust
multiemployer plan · Teamsters Local 830 · Madison, WI
ACTIVEPBGC Covered
C
Pension Health Score
58/100
Funding Status62% Funded
0%80% threshold100%
$1.3B
Total Assets
$2.1B
Total Liabilities
$798.5M
Unfunded Liability
17,733
Participants
Funding History
What This Means for You
Teamsters Local 830 Pension Trust is 62% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $798.5M 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 | $2.1B | 61.9% | $42.7M |
| 2024 | $1.2B | $2.1B | 59.9% | $41.9M |
| 2023 | $1.2B | $1.9B | 62.9% | $39.3M |
| 2022 | $1.2B | $1.9B | 62.6% | $48.8M |
| 2021 | $1.1B | $2.0B | 57.9% | $43.7M |