# CIC-TOC Pension Plan

CIC-TOC Pension Plan is a Pension Fund based in Seattle, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Seattle, United States
- **Region:** North America
- **Address:** Seattle, WA, United States
- **Founded:** 1962
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

CIC-TOC Pension Plan offers defined benefit pension services to eligible employees in the biotech and life science sectors. It focuses on serving private equity-backed companies in this industry.

## Sectors

- Forest Products
- Timber
- Real Estate
- Private Credit
- Infrastructure

## Questions

### How is the plan funded, and which employers contribute?

The plan is funded through employer contributions negotiated under collective bargaining agreements between the Carpenters Industrial Council and participating timber operators. Weyerhaeuser has been a major contributing employer, though litigation over withdrawal liability has shaped the plan's relationship with departing employers. Contribution rates are set by contract and adjusted periodically based on actuarial valuations.

### What is the governance structure, and how does trustee parity work?

The Board of Trustees is split evenly between union-appointed and employer-appointed trustees, a hallmark of Taft-Hartley multi-employer plans. This parity structure means no investment policy, actuarial change, or benefit adjustment can pass without consensus from both sides. Deadlock risk is managed through the shared interest both parties have in plan solvency, though it can slow decision-making relative to single-sponsor plans.

## Related profiles

- [CIC Group](https://altss.com/profile/cic-group)
- [CIC Wealth](https://altss.com/profile/cic-wealth)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/cic-toc-pension-plan

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology