The Western Conference of Teamsters (WCT) Pension Plan was established in 1955 through collective bargaining between labor and management. Today your Plan is the largest area-wide multiemployer pension plan in the United States. It covers 200,000 active participants through pension agreements negotiated by local unions with more than 1,600 employers predominantly in 13 Western states. Read more about the Trust.
Personal Benefit Statements are mailed in June to the homes of participants who worked 250 or more covered hours in the previous year and have a current address on file. If you did not receive one, contact your Area Administrative Office and verify your mailing address. Click here to see a sample statement.
This Actuarial Certification with Explanation and 2014 Funding Certification (required by the Pension Protection Act) states that the WCT Pension Plan remains in the "green zone" for 2014.
Now retirees and beneficiaries can log in to their WCT Prudential accounts for 24-hour access to benefit payments. At this site, they can update direct deposit and tax elections, view and print tax documents and more.
See the latest letter to Contributing Employers from the Employer Chairman of the Trust reviewing the 2013 investment results, the Plan’s funding status and other issues.
The 2013 Summary Plan Booklet was recently mailed to the homes of active participants, retirees and beneficiaries. If you did not receive your copy, contact your Area Administrative Office.