Teamsters Local 944 Pension Trust
multiemployer plan · Teamsters Local 944 · Springfield, IL
ACTIVEPBGC Covered
A
Pension Health Score
81/100
Funding Status78% Funded
0%80% threshold100%
$1.7B
Total Assets
$2.2B
Total Liabilities
$487.9M
Unfunded Liability
17,679
Participants
Funding History
What This Means for You
Teamsters Local 944 Pension Trust is in excellent financial health at 78% funded. This means for every dollar the plan owes in future benefits, it has 78 cents in assets to cover it. This plan is also covered by the PBGC, providing an additional safety net. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $1.7B | $2.2B | 77.9% | $97.0M |
| 2024 | $1.7B | $2.3B | 72.2% | $87.8M |
| 2023 | $1.6B | $1.9B | 83.4% | $119.0M |
| 2022 | $1.6B | $2.2B | 72.9% | $127.0M |
| 2021 | $1.4B | $2.1B | 68.9% | $108.0M |