Construction Workers Pension Scheme

Construction Workers Pension Scheme

The Construction Workers Pension Scheme was established in 2006 to deliver retirement benefits to workers in Ireland's construction and related sectors. Pat Ferguson serves as long-serving CEO and administrator. The plan functions as an industry-wide arrangement backed by the Construction Industry Federation and multiple trade unions. Capital is deployed into a mix of Irish infrastructure holdings, direct property portfolios, commercial real estate funds, and Irish government bonds. Confirmed positions include the Irish Infrastructure Fund, a direct Irish property portfolio, the Fidelity International Real Estate Fund, and the abrdn Property Income Trust. Geographic focus remains centered on Ireland with limited exposure to the United Kingdom and broader Europe. The scheme reports approximately 60,000 active members and maintains affiliations with the Irish Association of Pension Funds and the European Association of Paritarian Institutions. Adjacent vehicles include the Construction Workers Benevolent Fund and the Construction Workers Health Trust. No dated operational events from the last 24 months appear in available records. Governance rests with a trustee board that includes representatives appointed by Connect Trade Union, other ICTU affiliates, and employer bodies, creating a paritarian structure that separates investment decisions from any single sponsor.