BJC Pension Plan

BJC Pension Plan

The BJC Pension Plan was established to deliver retirement income to employees of BJC Health System, a nonprofit operator of hospitals and clinics headquartered in St. Louis. BJC Health System bears all funding costs and automatically enrolls staff who meet age and service thresholds. The plan holds positions in Activum SG Real Estate Fund V, Fund VI, and Fund VII, all focused on commercial assets in Europe. These holdings sit alongside a reported funding gap tracked in St. Louis. Geographic exposure therefore spans the Midwest United States and multiple European markets. BJC Health System completed a merger with Saint Luke's Health System in January 2024. Scott Hawig serves as principal officer and CFO of the combined organization. The plan also participates in the BJC Collaborative, a Midwest network of independent health systems that coordinates purchasing and clinical programs. Governance remains tied directly to the plan sponsor, with investment decisions executed through the health system's treasury function rather than an independent investment office.