Western Pennsylvania Teamsters & Motor Carriers Welfare Fund

The Western Pennsylvania Teamsters and Employers Pension Plan, based in Pittsburgh, Pennsylvania, is a multiemployer pension plan that covers 21,110 participants in the transportation industry. The plan has recently received a second Special Financial Assistance (SFA) grant of $279.6 million, in addition to the initial grant of $715 million received in 2022, to ensure the plan's solvency and the payment of retirement benefits without reduction for many years into the future.

The SFA Program, enacted as part of the American Rescue Plan Act of 2021, provides funding to severely underfunded multiemployer pension plans, allowing workers, retirees, and their families to receive the pension benefits they have earned. The Western Pennsylvania Teamsters Plan has received a total of $994 million in SFA grants and is not obligated to repay the grant to the Pension Benefit Guaranty Corporation (PBGC).

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