Kroger 2014 Annual Report Download - page 136

Download and view the complete annual report

Please find page 136 of the 2014 Kroger annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 142

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142

A-71
NO T E S T O C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S , CO N T I N U E D
(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 31,
2015, 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
February 2015 to
March 2019 8
February 2015
to June 2018
Desert States Employers & UFCW
Unions Pension Plan
October 2016 to
June 2018 1October 2016
Sound Retirement Trust (formerly Retail
Clerks Pension Plan) (3)
January 2015 (2) to
December 2016 2
May 2016 to
August 2016
Rocky Mountain UFCW Unions and
Employers Pension Plan
September 2015 to
October 2015 1September 2015
Oregon Retail Employees Pension Plan
February 2015 to
April 2017 3
August 2015 to
June 2016
Bakery and Confectionary Union & Industry
International Pension Fund
May 2011 (2) to
September 2017 4
July 2015 to
May 2017
Retail Food Employers & UFCW Local 711 Pension
April 2013 (2) to
March 2015 2March 2015
Denver Area Meat Cutters and Employers Pension Plan
September 2015 to
October 2015 1September 2015
United Food & Commercial Workers Intl Union –
Industry Pension Fund
March 2014 (2) to
August 2018 2
April 2015 to
March 2017
Western Conference of Teamsters Pension Plan
April 2014 (2) to
April 2018 5
April 2015 to
July 2017
Central States, Southeast & Southwest
Areas Pension Plan September 2014 (2) 2
(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.
(3) As of June 30, 2014, the Washington Meat Industry Pension Trust was merged into the Sound
Retirement Trust.