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Pension Fund

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Chicago Area IB of T Pension Trust Fund

The Chicago Area IB of T Pension Trust Fund was established to serve members of International Brotherhood of Teamsters Local 703. It operates as one...

Overview

The Chicago Area IB of T Pension Trust Fund was established to serve members of International Brotherhood of Teamsters Local 703. It operates as one component of a broader benefit trust that supplies pension, health, welfare, and severance coverage. Asset holdings include a U.S. real assets portfolio together with investment-grade debt instruments and high-yield debt instruments. The fund maintains reciprocal pension agreements with Teamsters Local 705, Local 710, Local 727, and Local 731. These arrangements allow benefit portability across participating locals. No recent operational events from the last 24 months appear in available records. The fund lists no additional offices and reports no professional headcount. Governance ties directly to Local 703 sponsorship under the parent International Brotherhood of Teamsters.

General information

Firm type

Pension Fund

Year founded

1959

Location

Region

North America

Country

United States

City

Downers Grove

Corporate office

Downers Grove, IL, United States

Frequently asked questions

Who sponsors the Chicago Area IB of T Pension Trust Fund?

International Brotherhood of Teamsters Local 703 sponsors the fund and supplies its participant base.

What asset classes does the fund hold?

Holdings include U.S. real assets, investment-grade debt instruments, and high-yield debt instruments.

Does the fund maintain reciprocal agreements with other plans?

Yes. It holds reciprocal pension agreements with Teamsters Local 705, Local 710, Local 727, and Local 731.

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