Cummins US Pension Fund

Cummins US Pension Fund

Cummins US Pension Fund was created in 1951 by Cummins Inc. to administer pension benefits for eligible workers at the Columbus-based manufacturer. The plan operates as a private-sector pension vehicle sponsored by the parent company. The fund allocates 10.26 percent of assets to private equity and holds a diversified real assets and infrastructure portfolio through commingled vehicles. It also maintains a synthetic GIC stable value component and public equity positions including shares of Cummins Inc. itself. Geographic exposure spans the United States and international markets via mutual fund holdings. Assets are custodied at Northern Trust, with investment advice from Lane Clark & Peacock and administration support from Premier Pensions Management. The fund participates in the annual shareholder meeting of Cummins Inc. as sponsor. The plan sits within the corporate structure of Cummins Inc. and absorbs pension liabilities from acquisitions such as Meritor in 2022.