Electricians Pension Plan, IBEW 995

Electricians Pension Plan, IBEW 995

The Electricians Pension Plan, IBEW 995, was established in 1970 as a multi-employer Taft-Hartley trust covering members of International Brotherhood of Electrical Workers Local 995 in Baton Rouge and surrounding Louisiana parishes. The plan is jointly administered by a board of trustees split between union and contributing employer representatives under the National Electrical Contractors Association. Employer contributions — calculated as a negotiated rate per hour worked by covered electricians — are the sole funding source; participants make no direct contributions. The plan's investment portfolio is managed through the board of trustees, which typically retains an institutional investment consultant and allocates across a standard defined-benefit mix: public equities, fixed income, real estate, private equity, and potentially infrastructure or private credit allocations if the funded status supports illiquidity. Taft-Hartley plans of this size often access alternatives through fund-of-funds structures or commingled vehicles rather than direct co-investments. Geographic exposure skews heavily toward US markets, with international diversification through manager selection rather than direct overseas deployment. As a single-local defined-benefit plan, the trust operates with limited public transparency beyond annual DOL Form 5500 filings. The Baton Rouge location places it in an industrial region dense with petrochemical, refinery, and power-generation construction — trades where IBEW labor is structurally embedded. No public record identifies the current executive director, investment consultant, or custodian. No philanthropic structures, co-investment clubs, or operating subsidiaries are publicly disclosed. This plan's structural differentiator is its narrow remit: it covers a single IBEW local's retiree pool in a concentrated geography, making its liability profile tightly correlated to Gulf Coast industrial construction cycles. Unlike large state plans that diversify across hundreds of employers and sectors, IBEW 995 must manage asset-liability duration against a workforce whose retirement timing often tracks regional megaproject waves.