UPS 2014 Annual Report Download - page 97
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UNITED PARCEL SERVICE, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
85
Multiemployer Health and Welfare Plans
We also contribute to several multiemployer health and welfare plans that cover both active and retired employees. Health care
benefits are provided to participants who meet certain eligibility requirements as covered under the applicable collective bargaining
unit. The following table sets forth our calendar year plan contributions and accruals. Certain plans have been aggregated in the “all
other multiemployer health and welfare plans” line in the table, as the contributions to each of these individual plans are not material.
(in millions)
UPS Contributions and Accruals
Health and Welfare Fund 2014 2013 2012
Central States, South East & South West Areas Health and Welfare Fund $ 1,306 $ 505 $ 471
Teamsters Western Region & Local 177 Health Care Plan 239 — —
Health & Welfare Insurance Fund Teamsters Local 653 5 — —
Bay Area Delivery Drivers 32 29 28
Central Pennsylvania Teamsters Health & Pension Fund 21 20 19
Delta Health Systems—East Bay Drayage Drivers 24 24 24
Employer—Teamster Local Nos. 175 & 505 9 9 8
Joint Council #83 Health & Welfare Fund 26 24 25
Local 191 Teamsters Health Fund 11 9 9
Local 401 Teamsters Health & Welfare Fund 7 6 6
Local 804 Welfare Trust Fund 70 67 62
Milwaukee Drivers Pension Trust Fund—Milwaukee Drivers Health and Welfare Trust Fund 32 31 29
Montana Teamster Employers Trust 7 6 6
New York State Teamsters Health & Hospital Fund 51 46 44
North Coast Benefit Trust 987
Northern California General Teamsters (DELTA) 96 84 75
Northern New England Benefit Trust 39 35 33
Oregon / Teamster Employers Trust 29 28 27
Teamsters 170 Health & Welfare Fund 15 12 12
Teamsters Benefit Trust 40 38 32
Teamsters Local 251 Health & Insurance Plan 12 11 10
Teamsters Local 404 Health & Insurance Plan 7 6 6
Teamsters Local 638 Health Fund 35 32 29
Teamsters Local 639—Employers Health & Pension Trust Funds 26 24 22
Teamsters Local 671 Health Services & Insurance Plan 14 13 12
Teamsters Union 25 Health Services & Insurance Plan 44 37 36
Teamsters Union Local 677 Health Services & Insurance Plan 9 8 8
Truck Drivers and Helpers Local 355 Baltimore Area Health & Welfare Fund 15 13 13
Utah-Idaho Teamsters Security Fund 22 18 16
Washington Teamsters Welfare Trust 36 35 32
All Other Multiemployer Health and Welfare Plans 64 44 55
Total Contributions $ 2,352 $ 1,222 $ 1,156
The increase in 2014 contributions to the Central States, South East & South West Areas Health and Welfare Fund, the Teamsters
Western Region & Local 177 Health Care Plan, and the Health & Welfare Insurance Fund Teamsters Local 653 plan are related to the
changes to the delivery of active and postretirement healthcare benefits described below.