Teamsters Local 1932 Health & Welfare Trust

UFCW Consolidated Pension Fund

The UFCW Consolidated Pension Fund is located in Atlanta, Georgia and provides Pension benefits for eligible Union employees across the United states. The Pension Fund covers 23 Local Unions across 17 states, 29 contributing employers, 223,423 participants, 47,453 retired pensioners. Currently there are approximately 86,000 active participants and 89,951 term-vested participants. Each year, thousands of participants retire and begin receiving a pension.

The information contained on this website is general in nature. Questions regarding your benefits should be directed to the LLC at the numbers provided. In the event that there is a discrepancy between the terms of the UFCW Consolidated Pension Plan document ("Plan") and the information contained within this website, the provisions of the Plan, as amended, will control.

Call Us

770-997-9910
800-241-7701

Check Dates

2021 Check Information
  • The check for (Check Date) will be mailed on (Check Mailed)
  • Direct Deposits for (Check Date) will be deposited on (Direct Deposit Date) because (Reason)
Check Date Check Mailed Direct Deposit Date Reason
01/01/21 12/30/20 01/04/21 January 1, 2021 is a Holiday
02/01/21 01/31/21 01/01/21
03/01/21 02/26/21 03/01/21
04/01/21 03/31/21 04/01/21
05/01/21 04/30/21 05/03/21 May 1, 2021 is on a Saturday
06/01/21 05/31/21 06/01/21
07/01/21 06/30/21 07/01/21
08/01/21 07/30/21 08/02/21 August 1, 2021 is on a Sunday
09/01/21 08/31/21 09/01/21
10/01/21 09/30/21 10/01/21
11/01/21 10/29/21 11/01/21
12/01/21 11/30/21 12/02/21

Documents

ELIGIBILITY

How can you find out if you are eligible for pension benefits?
Contact the UFCW Consolidated Pension Fund.

Enrolling in the Pension Fund?
You do not need to do anything to enroll in the Consolidated Pension Fund. As soon as you become eligible, you will be automatically enrolled.

When will I become eligible?
Once you have earned five years of service, you will be vested and you will become eligible for a retirement benefit from the Consolidated Pension Fund once you reach normal retirement age.

Current Mailing Address:
UFCW Consolidated Pension Fund
1740 Phoenix Parkway
Atlanta, Georgia 30349

FAQs

  • HOW LONG DO I HAVE TO WAIT TO BECOME A PARTICIPANT OF THE UFCW CONSOLIDATED PENSION FUND?
    If you are an employee of an employer who has been approved by the Board of Trustees that has agreed to make contributions to the Consolidated Pension Fund on your behalf and you have reached the age of twenty-one (21), you will become a Participant on the first day of the month following the month in which you earn (1) year of Eligibility Service.
  • WHAT IS THE DIFFERENCE BETWEEN ELIGIBILITY SERVICE AND CREDITED SERVICE?
    Eligibility Service is used to determine whether you qualify for Plan benefits. Generally, you receive a Year of Eligibility Service and Credited Service for each calendar year in which you have 400 or more hours of service. Past credited service is service for employment prior to the date your employer joined the Plan. Eligibility Service and Credited Service under one of the pre-merger or transferred plans counts towards your eligibility and benefits. Credited Service is used to calculate the amount of your benefit from the Plan. Credited Service is based on work in covered employment during each calendar year.
  • WHEN AM I VESTED?
    You become vested based on your Eligibility Service. You earn one (1) year of Eligibility Service for each calendar year in which you have at least 400 hours of service, including service for a contributing employer not covered by the collective bargaining agreement. To become vested in the UFCW Consolidated Pension Fund, you must earn at least five (5) years of vesting with a participating employer. Once you have earned at least five (5) vested years, then you are eligible for a retirement benefit at your normal retirement age.
  • CAN I BORROW FROM MY PLAN?
    Your benefit earned under the Consolidated Fund is calculated based on your hours, pay, Consolidated Fund normal retirement age, and any early retirement reductions. The Consolidated Fund benefit is pay-based and is a percentage of your gross pay for each year: 0.75% of gross pay for the first five years of service and 1.0% of gross pay for service over five years. The benefit is determined for each year, and then all of the years are added together for your total Consolidated Fund benefit. Annual amounts are divided by 12 to produce the monthly pension benefit.

    The pension calculation for the Consolidated Fund is more complex if you had service under one of the pre-merger plans or a transferred plan. Your pre-merger or transferred plan benefit is calculated based on the rules of that plan, including how many hours are required for a year of service, the accrual rate, contribution rate, the normal retirement age, and any early retirement reduction. Benefit calculations based on the terms of the prior plan are added to the Consolidated Fund benefit to determine your total benefit amount.
  • WHAT IS A REQUIRED DISTRIBUTION OF BENEFITS?
    Once a participant reaches the age of 70-1/2 and has five (5) or more years of eligibility service, the Fund is required to start the distribution of your benefit on the April 1st following your attainment of the age of 70-1/2. You may continue your employment, and there is no restriction on the number of hours you may work. If your employment continues with a participating employer and you earn any additional Credited Service, your benefit will be recalculated as of December 31 of each year and adjusted accordingly. There are also requirements with respect to the form and timing of death benefits.
  • HOW MANY YEARS DO I NEED TO BE ELIGIBLE FOR A BENEFIT UNDER THE CONSOLIDATED PENSION FUND?
    NORMAL: 5 or more years of Eligibility Service and age 65.
    EARLY: 10 or more years of Eligibility Service and age 65.
    DISABILITY: 20 years of Eligibility Service is required with a Social Security Disability Award.
    Benefits earned under a pre-merger or transferred plan are subject to the rules of those plans.
  • HOW LONG WILL IT TAKE TO PROCESS MY APPLICATION?
    Please apply at least four (4) months in advance of your proposed retirement date as it typically takes that amount of time to complete the application. If you are on an authorized sick leave due to a serious illness or injury, which could result in total and permanent disability, you should apply for benefits as soon as possible.
  • HOW WILL I KNOW WHEN I WILL BEGIN PAYMENTS?
    You will receive a benefit election packet. This packet will include one or more benefit options. Unless otherwise stated, you may make one choice. The tax form and direct deposit form will be included in the packet.
  • WHEN WILL THE PAYMENT GO INTO MY ACCOUNT?
    The money goes in your account on the first business day of the month if you have Direct Deposit. If the first day falls on the weekend or a holiday, it will be in your account on the following business day. If your account is closed or if you have provided incorrect bank information, the bank will reject the deposit and will notify us. Since automatic deposits can only be made once a month, a check will be mailed to you immediately after the bank returns the money. We will continue mailing your check until we receive a Direct Deposit Authorization form with the correct information.
  • DO YOU SEND A CHECK STUB IF THE BENEFIT IS DIRECT DEPOSITED?
    No. The deposit will appear on your bank statement.
  • DO YOU WITHHOLD INCOME TAX?
    We withhold Federal Income Tax if you do not specifically request otherwise. We do not withhold for state income tax. A W4P tax form will be provided before you start your pension to decide how much withholding you want the Fund to do. You may wish to make estimated state tax payments to avoid penalties. 
  • WHAT IS THE LEVEL INCOME OPTION?
    This benefit option is offered if you are under the age of 62 at retirement. The monthly benefit that you will receive from this Fund until you reach the age of 62 will be higher than that of the early single life option but it will drop at the age of 62 to a lower amount than the early single life option. This benefit cannot be estimated until we have your yearly earnings to calculate the amounts.

    The above description covers the general rules. There are special rules for participants that earned benefits in certain prior plans. Please see the summary plan descriptions for those prior plans for information.

    The information contained on this website is general in nature. Questions regarding your benefits should be directed to the LLC at the numbers provided. If there is a discrepancy between the terms of the UFCW Consolidated Pension Plan document (“Plan”) and the information contained within this website, the provisions of the Plan, as amended, will control.

How Do I?

Apply For Pension

Complete an Application and return by mail/fax/email to:
UFCW Consolidated Pension Fund
1740 Phoenix Parkway
Atlanta, GA 30349
Fax: (770) 997-9897
Email: pensiondepartment@ufcwemprfund.org

Change My Address

Complete Change of Name, Address or Retirement Form and return by mail/fax/email signed request to:
UFCW Consolidated Pension Fund
1740 Phoenix Parkway
Atlanta, GA 30349
Fax: (770) 997-9897
Email: pensiondepartment@ufcwemprfund.org

Change My Direct Deposit Information

Complete new Direct Deposit Authorization and return completed signed form by mail/fax/email to:
UFCW Consolidated Pension Fund
1740 Phoenix Parkway
Atlanta, GA 30349
Fax: (770) 997-9897
Email: pensiondepartment@ufcwemprfund.org

Change My Federal Tax Withholding

Complete New W4-P Withholding Certificate for Pension or Annuity Payments and return completed signed form by mail/fax/email to:
UFCW Consolidated Pension Fund
1740 Phoenix Parkway
Atlanta, GA 30349
Fax: (770) 997-9897
Email: pensiondepartment@ufcwemprfund.org

Request a Duplicate 1099R

Please contact the Fund Office at: 1-800-241-7701.

Request an Estimate

Please contact the Fund Office at 1-800-241-7701
OR
Submit a signed written request by:
Fax: (770) 997-9897
email: pensiondepartment@ufcwemprfund.org

Get a Benefit Verification Letter

Please contact the Fund Office at 1-800-241-7701
OR
Submit a signed written request by:
Fax: (770) 997-9897
email: pensiondepartment@ufcwemprfund.org

Report a Death

Please contact the Fund Office at 1-800-241-7701.

Newsletters

Spring 2021 Pension Newsletter

This newsletter includes important information about the funding status of your pension plan ("the Plan"). It also includes general information about the benefit payments guaranteed by the Pension Benefit Guaranty Corporation ("PBGC"), a federal insurance agency.

View Newsletter

Spring 2020 Pension Newsletter

This newsletter includes important information about the funding status of your pension plan ("the Plan"). It also includes general information about the benefit payments guaranteed by the Pension Benefit Guaranty Corporation ("PBGC"), a federal insurance agency.

View Newsletter

Fall 2019 Pension Newsletter

This newsletter includes important information about Benefit Education for Participants, Payment Options for Fund Retirement Benefits, Legal Aspects of Retirement Planning, and the Financial Planning ARC Process. Please take the opportunity to read the Fall 2019 Pension Newsletter below.

View Newsletter

Spring 2019 Pension Newsletter

This newsletter includes important information about the funding status of your pension plan (“the Plan”). It also includes general information about the benefit payments guaranteed by the Pension Benefit Guaranty Corporation (“PBGC”), a federal insurance agency.

View Newsletter

Fall 2018 Pension Newsletter

The first of the baby boomer generation has reached a milestone for the "Required Minimum Distribution" age or RMD.

View Newsletter