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Local 1034 Pension Fund Overview

Type
Private Sector Pension Fund

General Information

The International Brotherhood of Teamsters Local 1034 Pension Fund is a multiemployer pension plan based in Long Island City, New York, covering 1,321 participants in the transportation industry. The fund has faced critical and declining status due to funding and liquidity problems, and was projected to become insolvent. It recently received $48.7 million in Special Financial Assistance from the PBGC to avert insolvency and benefit reductions.

Contact Information

Year Founded:

Investment Focus & Strategy

Open To First Time Funds:
Institution Type:
Private Sector Pension Fund

Leadership & Principals

Corporate Office:

Portfolio & Notable Allocations

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