MULTIEMPLOYER EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2020

Pension Benefits

Multiemployer Plans

Certain plans have been aggregated in the “All Other Multiemployer Pension Plans” line in the following table, as the contributions to each of these individual plans are not material.

	EIN / Pension Plan Number	Pension Protection Act Zone Status		FIP / RP Status Pending / Implemented		(in millions) UPS Contributions and Accruals						Surcharge Imposed
Pension Fund		2020	2019			2020		2019		2018
Central Pennsylvania Teamsters Defined Benefit Plan	23-6262789-001	Green	Green	No	NA	$	57	$	48	$	44	No
Employer-Teamsters Local Nos. 175 & 505 Pension Trust Fund	55-6021850-001	Red	Red	Yes	Implemented	16		14		13		No
Hagerstown Motor Carriers and Teamsters Pension Fund	52-6045424-001	Red	Red	Yes	Implemented	11		10		9		No
I.A.M. National Pension Fund / National Pension Plan	51-6031295-002	Red	Green	Yes	Implemented	44		41		38		No
International Brotherhood of Teamsters Union Local No. 710 Pension Fund	36-2377656-001	Green	Green	No	NA	161		142		129		No
Local 705, International Brotherhood of Teamsters Pension Plan	36-6492502-001	Yellow	Yellow	Yes	Implemented	120		113		104		No
Local 804 I.B.T. & Local 447 I.A.M.—UPS Multiemployer Retirement Plan	51-6117726-001	Yellow	Yellow	Yes	Implemented	124		112		116		No
Milwaukee Drivers Pension Trust Fund	39-6045229-001	Green	Green	No	NA	53		48		42		No
New England Teamsters & Trucking Industry Pension Fund	04-6372430-001	Red	Red	Yes	Implemented	140		120		121		No
New York State Teamsters Conference Pension and Retirement Fund	16-6063585-074	Red	Red	Yes	Implemented	135		119		108		No
Teamster Pension Fund of Philadelphia and Vicinity	23-1511735-001	Yellow	Yellow	Yes	Implemented	85		74		66		No
Teamsters Joint Council No. 83 of Virginia Pension Fund	54-6097996-001	Green	Green	No	NA	82		75		69		No
Teamsters Local 639—Employers Pension Trust	53-0237142-001	Green	Green	No	NA	74		68		61		No
Teamsters Negotiated Pension Plan	43-6196083-001	Green	Green	No	NA	40		37		34		No
Truck Drivers and Helpers Local Union No. 355 Retirement Pension Plan	52-6043608-001	Green	Green	No	NA	27		24		22		No
United Parcel Service, Inc.—Local 177, I.B.T. Multiemployer Retirement Plan	13-1426500-419	Red	Red	Yes	Implemented	107		100		95		No
Western Conference of Teamsters Pension Plan	91-6145047-001	Green	Green	No	NA	1,138		939		868		No
Western Pennsylvania Teamsters and Employers Pension Fund	25-6029946-001	Red	Red	Yes	Implemented	37		34		31		No
All Other Multiemployer Pension Plans						104		102		72
					Total Contributions	$	2,555	$	2,220	$	2,042

Health and Welfare Fund

Multiemployer Plans

	(in millions) UPS Contributions and Accruals
Health and Welfare Fund	2020		2019		2018
Bay Area Delivery Drivers	$	39	$	37	$	40
Central Pennsylvania Teamsters Health & Pension Fund	35		31		29
Central States, South East & South West Areas Health and Welfare Fund	3,202		2,899		2,530
Delta Health Systems—East Bay Drayage Drivers	37		30		30
Joint Council #83 Health & Welfare Fund	50		45		40
Local 804 Welfare Trust Fund	110		101		90
Milwaukee Drivers Pension Trust Fund—Milwaukee Drivers Health and Welfare Trust Fund	53		48		43
New York State Teamsters Health & Hospital Fund	84		71		62
Northern California General Teamsters (DELTA)	188		157		153
Northern New England Benefit Trust	72		59		54
Oregon / Teamster Employers Trust	59		51		43
Teamsters 170 Health & Welfare Fund	22		19		18
Teamsters Benefit Trust	57		47		48
Teamsters Local 251 Health & Insurance Plan	23		18		17
Teamsters Local 638 Health Fund	60		53		48
Teamsters Local 639—Employers Health & Pension Trust Funds	39		32		29
Teamsters Local 671 Health Services & Insurance Plan	23		20		19
Teamsters Union 25 Health Services & Insurance Plan	69		59		56
Teamsters Western Region & Local 177 Health Care Plan	859		769		656
Truck Drivers and Helpers Local 355 Baltimore Area Health & Welfare Fund	22		19		18
Utah-Idaho Teamsters Security Fund	45		37		32
Washington Teamsters Welfare Trust	76		67		57
All Other Multiemployer Health and Welfare Plans	175		141		156
Total Contributions	$	5,399	$	4,810	$	4,268