Teamsters Local 865 Pension Trust
multiemployer plan · Teamsters Local 865 · Providence, RI
ACTIVEPBGC Covered
F
Pension Health Score
32/100
Funding Status39% Funded
0%80% threshold100%
$510.2M
Total Assets
$1.3B
Total Liabilities
$785.0M
Unfunded Liability
8,095
Participants
Funding History
What This Means for You
Teamsters Local 865 Pension Trust is significantly underfunded at 39%, with $785.0M in unfunded liabilities affecting 8,095 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 | $510.2M | $1.3B | 39.4% | $36.3M |
| 2024 | $492.1M | $1.5B | 32.7% | $28.3M |
| 2023 | $483.6M | $1.6B | 30.5% | $33.5M |
| 2022 | $465.1M | $967.0M | 48.1% | $35.2M |
| 2021 | $428.6M | $1.0B | 40.9% | $32.0M |