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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
2023 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 |
| 01/01/2023 |
12/30/2023 |
01/03/2023 |
January 1, 2023 is a Holiday |
| 02/01/2023 |
01/31/2023 |
02/01/2023 |
|
| 03/01/2023 |
02/28/2023 |
03/01/2023 |
|
| 04/01/2023 |
03/31/2023 |
04/03/2023 |
April 1, 2023 is on a Sunday |
| 05/01/2023 |
04/28/2023 |
05/01/2023 |
|
| 06/01/2023 |
05/31/2023 |
06/01/2023 |
|
| 07/01/2023 |
06/30/2023 |
07/03/2023 |
July 1, 2023 is on a Saturday |
| 08/01/2023 |
07/31/2023 |
08/01/2023 |
|
| 09/01/2023 |
08/31/2023 |
09/01/2023 |
|
| 10/01/2023 |
09/29/2023 |
10/02/2023 |
October 1, 2023 is on a Sunday |
| 11/01/2023 |
10/31/2023 |
11/01/2023 |
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| 12/01/2023 |
11/30/2023 |
12/01/2023 |
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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
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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.
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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.
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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.
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No. While there are Federal laws in place that allows for borrowing based on the type of Fund, it is extremely rare. Most defined benefit plans do not allow you to borrow money from your plan.
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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.
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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.
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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.
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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.
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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.
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No. The deposit will appear on your bank statement.
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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.
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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?
Change My Direct Deposit Information
Change My Federal Tax Withholding
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
Fall 2022 Pension Newsletter
This newsletter includes important information regarding the launch of the pension portal.
View Newsletter
Spring 2022 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 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
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