The Teamsters Local 805 plan submitted an application for partition on February 1, 2017. On February 15, 2017, PBGC notified the plan that its initial submission was incomplete. On March 10, 2017, the plan resubmitted an application for PBGC review, which PBGC concluded was a complete application for purposes of its review on March 21, 2017. The plan later withdrew its submission on September 21, 2017.
On January 31, 2018, the plan resubmitted an application for PBGC review, which PBGC concluded was a complete application for purposes of its review on February 14, 2018.
On November 16, 2018, PBGC issued an order partitioning the Teamsters Local 805 Pension and Retirement Fund. PBGC issued this order after finding that the plan’s application for partition, dated January 31, 2018, satisfied all the requirements for partition under the Multiemployer Pension Reform Act of 2014. The order is effective as of January 1, 2019. View the Partition Order and Questions and Answers for Participants.
August 2018
January Submission - 2018
- Application for Partition Order
- Letter from PBGC
- Board of Trustees Resolution
- Notice of Proposed Reduction of Benefits, and for Partition
- Rehabilitation Plan
- Certification of Avoiding Insolvency
- Explanation of Calculations Related to Joint and Survivor Benefits
- Plan Benefit Projection Data [XLSX]
- Plan Cash Flow Data [XLSX]
- Withdrawal Liability Payment Estimates [XLSX]
- Form 5500
- Actuarial Report 2015
- Actuarial Report 2016
- Actuarial Report 2017
- Zone Certification as of April 1, 2017
- Trust Document
- Plan Document
- Amendment One to Plan Document
- Summary Plan Description
- Determination Letter
March Submission - 2017
- Application for Partition Order
- Notice of Proposed Reduction of Benefits, and for Partition
- Letter from PBGC
- PBGC Plan Data
- Zone Certification As of April 1, 2016
- Board Resolutions
February Submission - 2017
- Trust Document
- Plan Document
- Amendment One to Plan
- Summary Plan Description
- Rehabilitation Plan
- Determination Letter
- Form 5500
- Certification of Avoiding Insolvency
- Actuarial Report 2014
- Actuarial Report 2015
- Actuarial Report 2016