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Local Union 212 IBEW Pension Trust Fund
The Local Union 212 IBEW Pension Trust Fund was founded in 1965 as a multiemployer Taft-Hartley plan to deliver monthly retirement benefits to members of the...
Local Union 212 IBEW Pension Trust Fund
The Local Union 212 IBEW Pension Trust Fund was founded in 1965 as a multiemployer Taft-Hartley plan to deliver monthly retirement benefits to members of the International Brotherhood of Electrical Workers Local 212. Benefits accrue based on years of credited service and compensation, with contributions coming from collective bargaining agreements with signatory employers. MDU Resources Group, Inc. stands as a notably significant participating employer, contributing materially to the plan's funding base. The fund allocates across a diversified portfolio that spans public equity globally, US fixed income, and a commercial real estate sleeve that includes both a core commercial portfolio and a healthcare-focused real estate portfolio, both concentrated in North America. The direct ownership of commercial properties — including a dedicated healthcare allocation — signals a preference for tangible assets alongside liquid market exposure. No fund-of-funds or alternative investment structures are disclosed in their public materials. The plan is managed under the oversight of its board of trustees, with no professional staff headcount or named investment committee publicly listed. The fund maintains its affiliation with the broader International Brotherhood of Electrical Workers through its sponsorship by Cincinnati-based Local Union 212, which operates a training and apprenticeship program supporting members' career stability and thus the plan's long-term contribution pipeline. No recent operational changes or investment leadership appointments have been publicly reported in the last 24 months. The fund's architecture is defined by its status as a multiemployer plan serving a single local but contributing national-tier employer like MDU Resources. Unlike large state or municipal systems with diversified alternative investment programs, this trust fund's direct real estate holdings and union-centric governance create a narrow but internally consistent fiduciary scope — matching a stable contribution base with a liability-matching investment posture that has persisted without public redesign for decades.
General information
Firm type
Pension Fund
Year founded
1901
Location
Region
North America
Country
United States
City
Cincinnati
Corporate office
Cincinnati, OH, United States
Sector focus
Frequently asked questions
Who runs investment decisions at the Local Union 212 IBEW Pension Trust Fund?
The plan is governed by a board of trustees, standard for Taft-Hartley multiemployer plans. No named investment committee or external outsourced chief investment officer relationship is publicly disclosed. MDU Resources Group, Inc., as a major contributing employer, is a key counterparty to collective bargaining agreements but its direct role in investment governance is not confirmed.
Does the fund invest in private equity, venture capital, or hedge funds?
Publicly available materials do not list allocations to private equity, venture capital, or hedge funds. The disclosed portfolio consists of public equities, US fixed income, and two directly held commercial real estate portfolios — one core commercial and one healthcare-focused, both in North America. If alternatives exposure exists, it has not been surfaced in public sources.
How does the plan's real estate exposure operate?
The fund lists two distinct real estate portfolios: a Core Real Estate Portfolio (Commercial) and a Healthcare Real Estate Portfolio (Commercial), both within North America. The reference to a healthcare-specific commercial portfolio suggests a focused property strategy, though management details, property counts, and holding structures are not publicly detailed.
What is the relationship between MDU Resources Group and this pension fund?
MDU Resources Group, Inc. is a major participating employer that contributes to the pension trust fund under collective bargaining agreements. This makes it one of the more significant funding sources for the plan's employer contributions, though its obligations are governed by the terms negotiated with IBEW Local 212.
Is the Local Union 212 IBEW Pension Trust Fund in a well-funded position?
The plan's funding ratio and actuarial status are not publicly disclosed in the available materials. As a multiemployer defined benefit plan, it is subject to Pension Benefit Guaranty Corporation insurance and must file annual Form 5500 reports with the Department of Labor, which contain detailed financial data but were not reviewed for this profile.
Does this fund share investment staff with other IBEW locals or national entities?
There is no public indication of shared investment staff or pooled investment vehicles with other IBEW locals or the national International Brotherhood of Electrical Workers. The fund appears to operate independently under its own board of trustees, affiliated only through the sponsorship of IBEW Local 212.
How are retirement benefits calculated for plan participants?
Benefits are structured as a defined benefit plan, with monthly retirement payments calculated based on years of credited service and compensation. The plan was established in 1965 and operates as a multiemployer plan, meaning benefits accrue across multiple contributing employers under the same union contract.
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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