Annual report pursuant to Section 13 and 15(d)

MULTIEMPLOYER EMPLOYEE BENEFIT PLANS (Tables)

v3.25.0.1
MULTIEMPLOYER EMPLOYEE BENEFIT PLANS (Tables)
 12 Months Ended
Dec. 31, 2024
Postemployment Benefits [Abstract]  
Multiemployer Plans
Certain plans have been aggregated in the All Other Multiemployer Pension Plans line in the following table, as contributions to each of these plans are not individually material.
  EIN / Pension
Plan Number		 Pension
Protection Act
Zone Status		 FIP / RP Status
Pending / Implemented		 UPS Contributions and Accruals
(in millions)		 Surcharge Imposed
Pension Fund 2024 2023 2024 2023 2022
Alaska Teamster-Employer Pension Plan 92-6003463-024 Red Red Yes Implemented $ 11  $ 10  $ 10  No
Central Pennsylvania Teamsters Defined Benefit Plan 23-6262789-001 Green Green No NA 85  82  75  No
Eastern Shore Teamsters Pension Fund 52-0904953-001 Green Green No NA 10  10  10  No
Employer-Teamsters Local Nos. 175 & 505 Pension Trust Fund 55-6021850-001 Red Red Yes Implemented 21  21  21  No
Hagerstown Motor Carriers and Teamsters Pension Fund 52-6045424-001 Green Green No NA 13  13  13  No
I.A.M. National Pension Fund / National Pension Plan 51-6031295-002 Red Red Yes Implemented 53  50  48  No
International Brotherhood of Teamsters Union Local No. 710 Pension Fund 36-2377656-001 Green Green No NA 194  196  191  No
Local 705, International Brotherhood of Teamsters Pension Plan 36-6492502-001 Green Green No NA 142  138  136  No
Local 804 I.B.T. & Local 447 I.A.M.—UPS Multiemployer Retirement Plan 51-6117726-001 Green Green No NA 139  143  144  No
Milwaukee Drivers Pension Trust Fund 39-6045229-001 Green Green No NA 62  62  62  No
New England Teamsters & Trucking Industry Pension Fund 04-6372430-001 Red Red Yes Implemented 224  234  167  No
New York State Teamsters Conference Pension and Retirement Fund 16-6063585-074 Red Red Yes Implemented 136  139  149  No
Teamster Pension Fund of Philadelphia and Vicinity 23-1511735-001 Green Green No NA 98  98  100  No
Teamsters Joint Council No. 83 of Virginia Pension Fund 54-6097996-001 Green Green No NA 98  98  98  No
Teamsters Local 639—Employers Pension Trust 53-0237142-001 Green Green No NA 83  84  85  No
Teamsters Negotiated Pension Plan 43-6196083-001 Green Green No NA 47  49  49  No
Truck Drivers and Helpers Local Union No. 355 Retirement Pension Plan 52-6043608-001 Green Green No NA 28  28  30  No
United Parcel Service, Inc.—Local 177, I.B.T. Multiemployer Retirement Plan 13-1426500-419 Green Green No NA 111  122  124  No
Western Conference of Teamsters Pension Plan 91-6145047-001 Green Green No NA 1,255  1,254  1,310  No
Western Pennsylvania Teamsters and Employers Pension Fund 25-6029946-001 Red Red Yes Implemented 45  46  46  No
All Other Multiemployer Pension Plans 92  76  73 
Total Contributions $ 2,947  $ 2,953  $ 2,941 
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, as the contributions to each of these plans are not individually material.
  UPS Contributions and Accruals
(in millions)
Health and Welfare Fund 2024 2023 2022
Bay Area Delivery Drivers $ 41  $ 40  $ 40 
Central Pennsylvania Teamsters Health & Pension Fund 48  46  42 
Central States, South East & South West Areas Health and Welfare Fund 3,849  3,712  3,497 
Delta Health Systems—East Bay Drayage Drivers 37  39  39 
Joint Council #83 Health & Welfare Fund 63  63  62 
Local 401 Teamsters Health & Welfare Fund 24  23  22 
Local 804 Welfare Trust Fund 131  131  129 
Milwaukee Drivers Pension Trust Fund—Milwaukee Drivers Health and Welfare Trust Fund 64  64  62 
New York State Teamsters Health & Hospital Fund 89  87  89 
Northern California General Teamsters (DELTA) 202  206  211 
Northern New England Benefit Trust 82  83  87 
Oregon / Teamster Employers Trust 68  69  70 
Teamsters 170 Health & Welfare Fund 22  21  25 
Teamsters Benefit Trust 59  57  58 
Teamsters Local 175 & 505 Health and Welfare Fund 20  20  20 
Teamsters Local 191 Health Fund 30  29  17 
Teamsters Local 251 Health & Insurance Plan 22  22  26 
Teamsters Local 638 Health Fund 74  73  70 
Teamsters Local 639—Employers Health & Pension Trust Funds 35  36  38 
Teamsters Local 671 Health Services & Insurance Plan 24  24  25 
Teamsters Union 25 Health Services & Insurance Plan 73  73  75 
Teamsters Western Region & Local 177 Health Care Plan 1,109  1,076  1,035 
Truck Drivers and Helpers Local 355 Baltimore Area Health & Welfare Fund 21  23  23 
Utah-Idaho Teamsters Security Fund 53  54  54 
Washington Teamsters Welfare Trust 83  88  88 
All Other Multiemployer Health and Welfare Plans 108  109  129 
Total Contributions $ 6,431  $ 6,268  $ 6,033