Northern California Electrical Workers Pension Plan

A Board of Trustees jointly governs the plan, split equally between union representatives and management representatives as required under Taft-Hartley rules. John Doherty of IBEW Local 6 chairs the board, with Thomas Coleman of the San Francisco Electrical Contractors Association as co-chair. The board relies on the Electrical Industry Service Bureau (EISB) for administrative support. Named managers — including IFM, BlackRock, JPMorgan, Mellon, and Schroder — suggest an external consultant or dedicated staff assists with manager selection, though the exact delegation of investment authority is not public.

Public filings and known commitments point to a diversified institutional mix: private equity buyout funds, global infrastructure (via IFM), domestic commercial real estate (via JPMorgan), commodities (via Schroder), and public-market global equities (via Mellon and BlackRock). The BlackRock Global Allocation Collective Fund adds tactical multi-asset exposure. No venture capital, private credit, or direct real-asset ownership is evident from available disclosures.

IBEW Local 6 represents electrical workers in San Francisco whose wages and benefits are set through collective bargaining with the San Francisco Electrical Contractors Association (SFECA). The pension plan is the Taft-Hartley multiemployer vehicle funded by SFECA-member employer contributions on behalf of IBEW Local 6 members. A related trust — the San Francisco Electrical Workers Health & Welfare Trust — provides health benefits. Administration for all three entities (pension, health, and the Electrical Industry Service Bureau) is centralized at the same San Francisco administrative office.