Waste Management 2011 Annual Report Download - page 184

WASTE MANAGEMENT, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Multiemployer Defined Benefit Plans — We are a participating employer in a number of trustee-managed
multiemployer, defined benefit pension plans for employees who participate in collective bargaining agreements.
The risks of participating in these multiemployer plans are different from single-employer plans in that (i) assets
contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other
participating employers; (ii) if a participating employer stops contributing to the plan, the unfunded obligations
of the plan may be required to be assumed by the remaining participating employers and (iii) if we choose to stop
participating in any of our multiemployer plans, we may be required to pay those plans a withdrawal amount
based on the underfunded status of the plan. The following table outlines our participation in multiemployer
plans considered to be individually significant (dollar amounts in millions):
Pension Protection Act Expiration Date
of Collective
Bargaining
Agreement
EIN/Pension Plan
Number
Reported Status(a) FIP/RP
Status(b)(c)
Contributions(d)
Pension Fund 2011 2010 2011 2010 2009
Automotive Industries Pension Plan EIN: 94-1133245;
Plan Number: 001
Critical Critical Implemented $ 1 $ 1 $ 1 Various dates
through
8/31/2014
Central States, Southeast and Southwest Areas Pension
Plan
EIN: 36-6044243;
Plan Number: 001
Critical Critical Implemented — — 1 (e)
Distributors Association Warehousemens Pension Trust EIN: 94-0294755
Plan Number: 002
Critical
as of
5/31/2010
Critical
as of
5/31/2009
Implemented 1 1 1 5/31/2010;
negotiations
ongoing
Local 731 Private Scavengers and Garage Attendants
Pension Trust Fund
EIN: 36-6513567;
Plan Number: 001
Endangered
as of
9/30/2010
Endangered
as of
9/30/2009
Implemented 4 4 3 9/30/2013
and
9/30/2014
New England Teamsters and Trucking Industry Pension
Fund
EIN: 04-6372430;
Plan Number: 001
Critical
as of
9/30/2010
Critical
as of
9/30/2009
Implemented — — — 2/28/2013
Suburban Teamsters of Northern Illinois Pension Plan EIN: 36-6155778;
Plan Number: 001
Critical Critical Implemented 2 2 2 Various dates
through
3/31/2015
Teamsters Employers Local 945 Pension Fund EIN: 22-6196388;
Plan Number: 001
Critical Critical Implemented — — — Various dates
through
12/31/2014
Western Conference of Teamsters Pension Plan EIN: 91-6145047;
Plan Number: 001
Not
Endangered
or Critical
Not
Endangered
or Critical
Not applicable 20 20 18 Various dates
through
6/30/2017
Western Pennsylvania Teamsters and Employers Pension
Plan
EIN: 25-6029946;
Plan Number: 001
Critical Critical Implemented 1 1 1 12/31/2011;
negotiations
ongoing
(a) Unless otherwise noted in the table, the most recent Pension Protection Act zone status available in 2011
and 2010 is for the plan’s year-end at December 31, 2010 and 2009, respectively. The zone status is based
on information that we received from the plan and is certified by the plan’s actuary. As defined in the
Pension Protection Act of 2006, among other factors, plans reported as critical are generally less than 65%
funded and plans reported as endangered are generally either less than 80% funded or meet certain
accumulated funding deficiency criteria.
(b) The “FIP/RP Status” column indicates plans for which a Funding Improvement Plan (“FIP”) or a
Rehabilitation Plan (“RP”) is either pending or has been implemented.
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