$2.6B in federal aid to Northern California pension plan serving 138,000 workers

A Northern California pension plan covering more than 138,000 service industry workers and retirees will receive $2.6 billion in federal relief funding, Rep. Mark DeSaulnier announced.

The funding will go to the Northern California UFCW Plan, based in Concord, and is intended to help the plan continue paying retirement benefits without reductions for its 138,516 participants, according to DeSaulnier’s office.