United Food & Commercial Workers

Unions and Employers

Midwest Health and Pension Funds

UFCW Calumet Region Insurance Fund

Pension Benefit Guaranty Corporation

As required by Federal law, certain benefits under the Pension Plan are insured by the Pension Benefit Guaranty Corporation, a Federal agency to which we pay annual premiums. If, for some reason, the Plan is unable to pay benefits when due, PBGC guarantees that benefits will be paid, even if the Plan terminates.

Generally, the PBGC guarantees a portion of most vested normal retirement age benefits, early retirement benefits, and certain survivors’ pensions. The amount of a pension that is guaranteed will depend on years of service and level of monthly benefits under the Plan.

For more information on the PBGC insurance protection and its limitations, contact the PBGC at www.pbgc.gov.

The PBGC insures retirement incomes of about 42 million American workers in more than 44 thousand defined benefit pension plans. It’s nice to know the protection provided by PBGC is there if you ever need it!


(Updated 05/01/13)