Teamsters Local 866 Pension Trust
multiemployer plan · Teamsters Local 866 · Wichita, KS
ACTIVEPBGC Covered
D
Pension Health Score
46/100
Funding Status49% Funded
0%80% threshold100%
$1.7B
Total Assets
$3.5B
Total Liabilities
$1.8B
Unfunded Liability
5,771
Participants
Funding History
What This Means for You
Teamsters Local 866 Pension Trust is significantly underfunded at 49%, with $1.8B in unfunded liabilities affecting 5,771 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. 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 | $1.7B | $3.5B | 48.8% | $115.8M |
| 2024 | $1.7B | $3.5B | 47.5% | $124.1M |
| 2023 | $1.5B | $3.6B | 42.8% | $113.4M |
| 2022 | $1.5B | $3.8B | 38.9% | $133.3M |
| 2021 | $1.4B | $2.9B | 48.3% | $129.8M |