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Central States Pension Fund
The Central States, Southeast and Southwest Areas Pension Fund was established in 1955 to provide retirement benefits under a multi-employer structure tied to...
Central States Pension Fund
The Central States, Southeast and Southwest Areas Pension Fund was established in 1955 to provide retirement benefits under a multi-employer structure tied to the International Brotherhood of Teamsters. Thomas C. Nyhan has served as a central figure in its operations and negotiations with federal regulators. The fund invests in investment-grade fixed-income securities. It obtained a $35.8 billion grant from the Pension Benefit Guaranty Corporation to stabilize benefits. Trustees are divided between union and employer representatives, including Charles A. Whobrey and Gary F. Caldwell. Headquarters sit in Chicago. The fund participates in the National Conference on Public Employee Retirement Systems and the National Coordinating Committee for Multiemployer Plans. No operational events from the last 24 months appear in available records.
General information
Firm type
Pension Fund
Year founded
1955
Location
Region
North America
Country
United States
City
Chicago
Corporate office
Chicago, Illinois, United States
Principals
Thomas C. Nyhan
Executive Director
Charles A. Whobrey
Co-Chair and Union Trustee
Gary F. Caldwell
Employer Trustee
Sector focus
Frequently asked questions
Who runs investment decisions at Central States Pension Fund?
Thomas C. Nyhan serves as Executive Director. Trustees split between union and employer representatives oversee the portfolio.
How is Central States Pension Fund structured?
It operates as a multi-employer Taft-Hartley plan serving Teamsters members in the trucking sector.
What asset classes does the fund hold?
The portfolio consists of investment-grade fixed-income securities.
What recent federal support has the fund received?
The Pension Benefit Guaranty Corporation provided a $35.8 billion Special Financial Assistance grant.
Which industry groups does the fund join?
It participates in the National Conference on Public Employee Retirement Systems and the National Coordinating Committee for Multiemployer Plans.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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