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District 1199J, National Union of Hospital and Health Care Employees, AFSCME, AFL-CIO
The New Jersey Health Care Employers-Pension Plan was established in 1991 as the defined-benefit vehicle for members of District 1199J, New Jersey's...
District 1199J, National Union of Hospital and Health Care Employees, AFSCME, AFL-CIO
The New Jersey Health Care Employers-Pension Plan was established in 1991 as the defined-benefit vehicle for members of District 1199J, New Jersey's original healthcare union. The pension sits inside a broader labor ecosystem — District 1199J itself is an affiliate of the National Union of Hospital and Health Care Employees (NUHHCE) and operates under the national AFSCME and AFL-CIO banners. Craig A. Ford, who also serves as national president of NUHHCE, assumed leadership of the fund in September 2024 after the retirement of Susan M. Cleary, the union's first female president who had led the district since 2006. Allocation is concentrated across buyouts and fund-of-funds structures, consistent with a mid-sized Taft-Hartley plan seeking diversified exposure without an in-house direct-deal team. The pension shares a Newark address with several related District 1199J vehicles, including the Benefit Fund and Training Fund, and holds a tangible real-estate asset: the union hall at 9-25 Alling Street in Newark (per Altss research). While specific fund commitments are not publicly disclosed, the pension's strategy mirrors the union's institutional posture — capital preservation paired with local real-estate anchoring, rather than aggressive venture or growth-equity risk. The pension is one of several coordinated benefit structures under the District 1199J umbrella. Alongside the New Jersey Health Care Employers Benefit Fund and the Training and Development Fund, the pension operates from a single Newark headquarters and serves a membership base spread across New Jersey healthcare facilities — from Christ Hospital and Jersey City Medical Center to correctional institutions and home-care agencies. In September 2024, the District 1199J Executive Board unanimously appointed Ford to succeed Cleary, consolidating leadership of the union, the pension, and its affiliated funds under one principal. This fund gains its structural character from the union it serves. Unlike a municipal or state pension, the District 1199J plan is tied to a specific collective-bargaining community — roughly 10,000 healthcare and public-sector workers — rather than a geographic tax base. Governance flows through union-elected officers, and the portfolio's observed real-estate holding in Newark links investment outcomes directly to the community where many members live and work. Philanthropic activity runs alongside the pension through the Aberdeen Solomon David Scholarship Fund and the Training Fund, reinforcing the union's workforce-development and educational mission.
General information
Firm type
Pension Fund
Year founded
1991
AUM
$229M (Altss estimate)
Location
Region
North America
Country
United States
City
Newark
Corporate office
9-25 Alling St, 3rd Floor, Newark, NJ 07102, United States
Principals
Craig A. Ford
President
Susan M. Cleary
Former President (retired September 2024)
Aberdeen David
Former District Leader (1977 founding)
Sector focus
Frequently asked questions
Who runs investment decisions for the District 1199J pension fund?
The pension is overseen by District 1199J's leadership. Craig A. Ford, who became president of the union in September 2024 after Susan M. Cleary's retirement, holds ultimate fiduciary responsibility alongside the union's executive board. The fund is not managed by an external investment committee independent of the union's governance structure.
Is the pension fund a separate legal entity from the union?
Yes. The New Jersey Health Care Employers-Pension Plan is a distinct defined-benefit plan established in 1991. It operates alongside — but legally apart from — the District 1199J union, the Benefit Fund, and the Training and Development Fund, although they share Newark headquarters and lead officers.
What investment strategies does the pension fund pursue?
The pension deploys capital through buyout and fund-of-funds strategies. It does not appear to make direct minority growth-equity investments or operate an in-house venture platform, instead gaining private-market exposure through external general partners.
Does the pension own any hard assets directly?
The fund holds the union's headquarters property at 9-25 Alling Street in Newark, New Jersey, as a commercial real-estate asset. No other direct real-estate or infrastructure holdings are publicly disclosed.
How is the District 1199J pension different from a typical municipal pension plan?
Unlike a city or state pension backed by taxpayer revenue, this fund is tied to collective-bargaining agreements covering roughly 10,000 unionized healthcare and public-sector workers across New Jersey. Its governance flows through union-elected officers rather than a politically appointed board, and its observed hard-asset footprint concentrates in Newark rather than diversifying broadly.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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