UFCW's Pension Problems

All UFCW members should thoroughly investigate their union-administered pension plans. Data from the Pension Benefits Guarantee Corporation indicate that many of the UFCW's major pension plans are significantly underfunded. In fact, just the UFCW pensions below represent more than $2 billion shortfall.

FELRA AND UFCW PENSION PLAN
BOARD OF TRUSTEES, FELRA AND UFCW PENSION FUND
Current value: $1,002,637,661.00
Total liabilities: $1,871,985,637.00
Funding percentage: 54%
UNITED FOOD AND COMMERCIAL WORKERS INTERNATIONAL UNION PENSION PLAN FO
UNITED FOOD AND COMMERCIAL WORKERS INTERNATIONAL UNION
Current value: $793,981,456.00
Total liabilities: $1,161,003,085.00
Funding percentage: 68%
ROCKY MOUNTAIN UFCW UNIONS AND EMPLOYERS PENSION PLAN
JOINT BOARD OF TRUSTEES FOR ROCKY MNT UFCW UNIONS & EMPLOYERS
Current value: $656,374,597.00
Total liabilities: $822,545,406.00
Funding percentage: 80%
UFCW TRI-STATE PENSION PLAN
UFCW TRI-STATE FOOD INDUSTRY
Current value: $337,815,865.00
Total liabilities: $641,907,130.00
Funding percentage: 53%
UFCW UNIONS AND FOOD EMPLOYERS PENSION PLAN OF CENTRAL OHIO
TRUSTEES OF THE UFCW UNIONS AND FOO
Current value: $441,443,325.00
Total liabilities: $623,638,058.00
Funding percentage: 71%
UFCW LOCAL 1262 & EMPLOYERS PENSION FUND
TRUSTEES UFCW LOCAL 1262 PENSION FUND
Current value: $331,769,255.00
Total liabilities: $611,956,254.00
Funding percentage: 54%
DESERT STATES EMPLOYERS & UFCW UNION PENSION PLAN
BOARD OF TRUSTEES OF THE DESERT STATES & UFCW UNIONS PENSION PLAN
Current value: $386,829,541.00
Total liabilities: $531,085,460.00
Funding percentage: 73%
UNITED FOOD AND COMMERICAL WORKERS UNION LOCAL 56 RETAIL MEAT PENSION
BOARD OF TRUSTEES, UNITED FOOD AND COMMERCIAL WORKERS UNION LOCAL 56
Current value: $259,988,250.00
Total liabilities: $497,629,759.00
Funding percentage: 52%
SOUTHERN CALIFORNIA UNITED FOOD AND COMMERCIAL WORKERS UNIONS AND DRUG
BOARD OF TRUSTEES, SO. CAL. UFCW UNIONS & DRUG EMPLOYERS PEN. FUND
Current value: $484,175,170.00
Total liabilities: $436,576,912.00
Funding percentage: 111%
UFCW UNION LOCAL NO. 655, FOOD EMPLOYERS JOINT PENSION PLAN
UFCW LOCAL NO. 655, FOOD EMPLOYERS JOINT PENSION PLAN BOARD OF TRUSTEE
Current value: $401,920,137.00
Total liabilities: $428,022,543.00
Funding percentage: 94%
UFCW LOCAL ONE PENSION FUND
BD OF TRUSTEES UFCW LOCAL ONE PENSION FUND
Current value: $277,358,702.00
Total liabilities: $388,058,504.00
Funding percentage: 71%
UFCW LOCAL 1500 PENSION PLAN
UFCW LOCAL 1500 PENSION FUND TRUSTEES
Current value: $257,053,736.00
Total liabilities: $330,817,104.00
Funding percentage: 78%
INDIANA UFCW UNIONS AND RETAIL FOOD EMPLOYERS PENSION PLAN
TRUSTEES OF INDIANA UFCW UNIONS AND RETAIL FOOD EMPLOYERS PENSION PLAN
Current value: $243,868,756.00
Total liabilities: $276,543,827.00
Funding percentage: 88%
UFCW LOCAL 174 PENSION FUND
BOARD OF TRUSTEES-UFCW LOCAL 174 PENSION FUND
Current value: $138,401,021.00
Total liabilities: $222,893,106.00
Funding percentage: 62%
RETAIL FOOD EMPLOYERS & UFCW LOCAL 711 PENSION
RETAIL FOOD EMPLOYERS & UFCW LOCAL 711
Current value: $136,469,488.00
Total liabilities: $192,879,338.00
Funding percentage: 71%
UFCW UNION LOCAL 919 & CONTRIBUTING EMPLOYERS FOOD PENSION FUND
UFCW UNION LOCAL 919 & CONTRIBUTING EMPLOYERS FOOD PENSION FUND
Current value: $159,594,048.00
Total liabilities: $186,859,185.00
Funding percentage: 85%
NORTHWEST OHIO UFCW UNION AND EMPLOYERS JOINT PENSION FUND
TRUSTEES OF NORTHWEST OHIO UFCW UNION AND EMPLOYERS JOINT PENSION FUND
Current value: $110,191,372.00
Total liabilities: $129,351,788.00
Funding percentage: 85%
UFCW UNIONS AND PARTICIPATING EMPLOYERS PENSION FUND
BOARD OF TRUSTEES, UFCW UNIONS AND PARTICIPATING EMPLOYERS
Current value: $59,115,115.00
Total liabilities: $103,313,203.00
Funding percentage: 57%
UFCW LOCAL 23 & GIANT EAGLE PENSION FUND
BOARD OF TURSTEES, UFCW LOCAL 23 & GIANT EAGLE PENSION FUND
Current value: $59,999,280.00
Total liabilities: $80,674,043.00
Funding percentage: 74%
UFCW LOCAL 50 PENSION FUND
UFCW LOCAL 50 PENSION FUND
Current value: $61,154,052.00
Total liabilities: $71,824,375.00
Funding percentage: 85%
UFCW LOCAL 23 AND EMPLOYERS PENSION FUND
BOARD OF TRUSTEES UFCW LOCAL 23 AND EMPLOYERS PENSION FUND
Current value: $40,824,112.00
Total liabilities: $64,332,764.00
Funding percentage: 63%
UFCW LOCAL 174 RETAIL PENSION FUND
BOARD OF TRUSTEES-UFCW LOCAL 174 RETAIL PENSION FUND
Current value: $30,029,487.00
Total liabilities: $55,403,772.00
Funding percentage: 54%
UFCW LOCAL UNIONS & EMPLOYERS PENSION PLAN OF THE SOUTHWESTERN OHIO AR
UFCW LOCAL UNIONS & EMPLOYERS PENSI PLAN OF THE SOUTHWESTERN OHIO AREA
Current value: $27,453,663.00
Total liabilities: $37,305,057.00
Funding percentage: 74%
UFCW UNION LOCAL 919 & CONTRIBUTING EMPLOYERS NON-FOOD PENSION FUND
UFCW UNION LOCAL 919 & CONTRIBUTING EMPLOYERS NON-FOOD PENSION FUND
Current value: $19,199,595.00
Total liabilities: $35,960,901.00
Funding percentage: 53%
UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS PENSION FUND
TRUSTEES OF UFCW LOCAL 1776 & PARTICIPATING EMPLOYERS PENSION FUND
Current value: $26,207,158.00
Total liabilities: $29,395,543.00
Funding percentage: 89%
CENTRAL OHIO UFCW UNIONS AND RETAIL EMPLOYERS PENSION PLAN
BOARD OF TRUSTEES OF THE CENTRAL OH UFCW UNIONS AND EMPLOYERS PENSION
Current value: $22,028,729.00
Total liabilities: $27,971,335.00
Funding percentage: 79%
UFCW LOCAL 174 COMMERCIAL PENSION F
BOARD OF TRUSTEES-UFCW LOCAL 174 COMMERCIAL PENSION FUND
Current value: $21,857,268.00
Total liabilities: $22,767,272.00
Funding percentage: 96%
UFCW LOCAL 400 MEAT AND POULTRY PENSION FUND
BOARD OF TRUSTEES-UFCW LOCAL 400 MEAT AND POULTRY PENSION FUND
Current value: $10,430,265.00
Total liabilities: $12,737,498.00
Funding percentage: 82%
RETIREMENT PLAN FOR OFFICERS, BUSINESS REPS AND OFFICE EMPLOYEES OF LO
UNITED FOOD AND COMMERCIAL WORKERS
Current value: $6,134,346.00
Total liabilities: $8,122,778.00
Funding percentage: 76%
RETIREMENT PLAN OF THE UFCWNATIONAL HEALTH AND WELFARE FUND
UFCW NATIONAL H & W STAFF PENSION
Current value: $3,911,025.00
Total liabilities: $4,957,118.00
Funding percentage: 79%
UNITED FOOD AND COMMERCIAL WORKERS INTERNATIONAL UNION EMPLOYEES ANNUI
UNITED FOOD AND COMMERCIAL WORKERS INTERNATIONAL UNION
Current value: $3,037,800.00
Total liabilities: $3,684,309.00
Funding percentage: 82%