# Construction Workers Pension Scheme

Construction Workers Pension Scheme is a Pension Fund based in Dublin, Ireland.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Dublin, Ireland
- **Region:** Europe
- **Address:** Dublin, Ireland
- **Founded:** 2006
- **Assets under management:** 2.3B (Altss estimate)
- **Website:** cwps.ie
- **LinkedIn:** https://ie.linkedin.com/company/construction-workers-pension-scheme-cwps

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Infrastructure
- Real Estate

## People

- Pat Ferguson — CEO and Administrator

## Questions

### Who runs investment decisions at Construction Workers Pension Scheme?

Pat Ferguson serves as CEO and administrator. The trustee board includes appointees from Connect Trade Union, other ICTU unions, and the Construction Industry Federation.

### Is Construction Workers Pension Scheme structured as a single-employer or multi-employer plan?

It operates as a multi-employer occupational scheme covering more than 3,000 employers in the construction industry.

### What asset classes receive allocations from the scheme?

Holdings include the Irish Infrastructure Fund, direct Irish property, Fidelity International Real Estate Fund, abrdn Property Income Trust, and Irish government bonds.

### Where does the scheme maintain its geographic footprint?

Primary exposure sits in Ireland with additional positions in the United Kingdom and Luxembourg through real estate vehicles.

### How is the scheme connected to the Construction Industry Federation?

The federation acts as a key stakeholder and employer representative on the trustee board.

## Related profiles

- [National Pension Trust](https://altss.com/profile/national-pension-trust)
- [Baylor University Endowment Fund](https://altss.com/profile/baylor-university-endowment-fund)

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

Canonical page: https://altss.com/profile/construction-workers-pension-scheme

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