Teamsters Local 492 |

The Western Conference of Teamsters (WCT) Pension

May 02, 2024

www.wctpension.org

Pension Appointments, Estimates/Statement Requests & Retirement Info: 206-726-3266 (These phone clerks are trained to answer general pension questions and can log "Estimate Requests" to mail to the member)

MAIN OFFICE PHONE: (800) 531-1489

5/2/2024-WCTPT Annual Funding Notice for 2023

2/2/2024 -WCTPT Summary Plan Booklet 2023 Now Available. The Updated Western Conference of Teamsters Pension Trust Summary Plan Booklet 2023 is Now Available in PDF Form. Click Here to View or Download the PDF

1/16/2024 -Western Conference of Teamsters Pension Trust Benefit Improvements. Building on the strong investment results of 2023, the Trustees of the Western Conference of Teamsters Pension Trust approved major benefit improvements at their January 2024 board meetings which took place the week of January 8 and 9, 2024. Click Here to Read More about the WESTERN CONFERENCE OF TEAMSTERS PENSION TRUST BENEFIT IMPROVEMENTS

8/9/2023-WTWT Sept/Oct Extension of Coverage Yellow

7/27/2023- WTWT YELLOW EXTENSION OF COVERAGE

4/15/2021 - Pension Accrual Rate Increased Again!

5/22/2020 - WCTPT Co-Chairmen Annual Letter

4/24/2020 - WCTPT Annual Funding Notice for 2019

4/8/2020 - For those of you that may have scheduled or are interested in scheduling pension appointments in the near future, due to COVID-19, those appointments have been canceled until further notice. Any members who already have scheduled appointments in April will be receiving information from the Pension office, including contact information for the Pension Representative.

1/20/2020 - Western States Pension Accrual Rate Increased for 2020! Pension Fund Nearing Full Funding Status! Read More Here

Click Here to Read the New 2020 Work Hour Limits Document

Click Here to view the 1987-2020 Accrual Chart

Request for Evaluation of Reemployment Form Click Here

For those of you in the Western States Pension Fund (ABF, ATF, Chiulista, Creamland, DMS, Franklins, Hertz, LANS, N3B, Penske, Sysco, Triad, & UPS) there is a new feature on their website (CLICK HERE) where you can have access to your personal plan information. You can view the flyer here

Pension Facts

NEW 2018 Plan Summary - This section explains what you need to know and do to get the most from your Plan benefits. Click here for details.

Plan Forms - Click Here to Download WCTPT forms for Change of Address, Beneficiary Designation, Automatic Bank Deposit, Request for Evaluation of Reemployment and Employer-Union Pension Certification.

Plan Documents and Publications - Click Here to Download the WCT Pension Plan Document, Summary Plan Description, Agreement & Declaration of Trust, Form 5500, Actuarial Report, PPA Actuarial Certification with Explanation, Annual Funding Notice and Notice to Employers & Unions.

View Video Webcasts conducted by the Trust Here

Pension Facts

Pension Change From The Omnibus Bill

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Tell Congress to Pass the Fast Labor Contracts Act!

Tell Congress to Pass the Fast Labor Contracts Act! Workers shouldn’t have to wait years for their first contract! Workers have the right to a collective bargaining agreement after they vote for a union, but the law is full of loopholes and companies drag out the negotiation process for years. On average today, it takes 458 days to secure a first contract.

May 1st International Workers' Day 2026

Join Teamsters 492 and the broader Albuquerque labor community this May 1st, 2026 at Civic Plaza. We are sending a clear message: It is time to prioritize workers’ families over billionaire fortunes. We aren't just asking for change, we are organizing for it.

Rocky Mountain Teamster

This month's Rocky Mountain Teamster is available to read online along with all Rocky Mountain Teamsters going back to 2008.

Update on Overtime Tax Deduction

Update on Overtime Tax Deduction The Teamsters Package Division has received questions from members about the "No Tax on Overtime" provision included in the One Big Beautiful Bill Act (OBBBA) that was passed last year, including whether Package Division members are impacted by the legislation.

OES Form 37-IBT Nomination Meeting Results Posting

2/13/2026 - A nomination meeting was held on the 20 day of January, 2026 to nominate candidates for Delegate and Alternate Delegate to the 31st International Convention of the IBT to be held in Las Vegas, NV. Three Delegates and One Alternate Delegate were elected. Click Here to view the results.

Download:

2026 OES Form 37-IBT Nomination Meeting Results Posting.pdf

UPS Article 17 Penalty Pay Update

1/6/2026 - UPS Article 17 Penalty Pay Update Attention All UPS Teamsters: (Article 17) New Payroll Penalty Language Now in Effect Per Article 17, of the National Master Agreement, the updated payroll penalty provisions have officially taken effect.

Western Conference of Teamsters Pension Trust Appointments Available

Teamster Local 492 will have a representative from the Western Conference of Teamsters Pension Plan from Northwest Administrators in our office this month. This is your opportunity to meet face-to-face and review your pension value and where you stand on any PEER requirements, if applicable.

Teamsters VIP+ Voluntary Income Protection Plus Plan

New benefit options available to protect your income when you can’t work due to injuries, illnesses, surgeries, loss of DOT License or FAA Medical Certification (due to medical reasons), or death.