Kroger 2015 Annual Report Download - page 147

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A-73
(5) As of June 30, 2014, this pension fund was merged into the Sound Retirement Trust. After the
completion of the merger, on July 1, 2014, certain assets and liabilities related to the Washington
Meat Industry Pension Trust were transferred from the Sound Retirement Trust to the UFCW
Consolidated Pension Plan. See the above information regarding the restructuring of certain
pension plan agreements.
(6) Under the Pension Protection Act, a surcharge may be imposed when employers make contributions
under a collective bargaining agreement that is not in compliance with a rehabilitation plan. As of
January 30, 2016, the collective bargaining agreements under which the Company was making
contributions were in compliance with rehabilitation plans adopted by the applicable pension fund.
The following table describes (a) the expiration date of the Company’s collective bargaining
agreements and (b) the expiration date of the Company’s most significant collective bargaining
agreements for each of the material multi-employer funds in which the Company participates.
Pension Fund
Expiration Date
of Collective
Bargaining
Agreements
Most Significant Collective
Bargaining Agreements (1)
(not in millions)
Count Expiration
SO CA UFCW Unions & Food Employers Joint
Pension Trust Fund
March 2016 to
June 2017 2
March 2016 to
June 2017
UFCW Consolidated Pension Plan
March 2016 to
August 2020 8
April 2016 to
August 2020
Desert States Employers & UFCW Unions
Pension Plan
October 2016 to
June 2018 1 October 2016
Sound Retirement Trust (formerly Retail
Clerks Pension Plan)
April 2016 to
January 2018 2
May 2016 to
August 2016
Rocky Mountain UFCW Unions and
Employers Pension Plan
January 2019 to
February 2019 1 January 2019
Oregon Retail Employees Pension Plan
August 2015 (2) to
April 2017 3
August 2015 (2) to
June 2016
Bakery and Confectionary Union & Industry
International Pension Fund
June 2016 to July
2018 4
August 2016 to
July 2018
Retail Food Employers &
UFCW Local 711 Pension
April 2017 to
November 2019 1 March 2019
Denver Area Meat Cutters and
Employers Pension Plan
January 2019 to
February 2019 1 January 2019
United Food & Commercial Workers Intl Union –
Industry Pension Fund
March 2014 (2) to
April 2019 2
March 2017 to
April 2019
Western Conference of Teamsters Pension Plan
April 2017 to
September 2020 5
July 2017 to
September 2020
Central States, Southeast & Southwest
Areas Pension Plan
September 2017 to
November 2018 3
September 2017 to
November 2018
(1) This column represents the number of significant collective bargaining agreements and their
expiration date for each of the Company’s pension funds listed above. For purposes of this table,
the “significant collective bargaining agreements” are the largest based on covered employees
that, when aggregated, cover the majority of the employees for which we make multi-employer
contributions for the referenced pension fund.
(2) Certain collective bargaining agreements for each of these pension funds are operating under
an extension.