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Office & Professional Employees IU Pension Plan
The Office and Professional Employees International Union (OPEIU) chartered in 1945 and now organizes over 125,000 members.
Office & Professional Employees IU Pension Plan
The Office and Professional Employees International Union (OPEIU) chartered in 1945 and now organizes over 125,000 members. The pension plan was established to provide retirement security for office and professional workers, pooling contributions from multiple employers across the union's locals. The plan operates as a traditional multi-employer Taft-Hartley defined-benefit fund, with assets held in trust for participating members. The fund's investment strategy leans heavily on external manager selection. Asset classes under consideration, per standard Taft-Hartley allocations, tend to include core fixed income, public equities, real estate, and a growing alternatives bucket spanning private credit, infrastructure, and absolute-return strategies. The plan does not co-invest directly or run an internal portfolio-management team; it allocates through fund commitments and separate accounts with institutional managers. Geographic exposure typically mirrors US-centric liabilities, though some international equity and fixed-income mandates may appear. Team size, specific AUM figures, and recent deployment data are not publicly disclosed. The plan is administered alongside the union's headquarters in New York, with additional union offices across the United States, Canada, and Puerto Rico. The OPEIU also offers a National Retirement Savings Plan (401k) for members not covered by the defined-benefit pension, and the union promotes financial benefits through partnerships such as Union Plus. No named investment committee members or staff bios are published on the union's public-facing site, and no external consultant is identified. The fund's structural differentiator is its scale within a niche union constituency — office and professional workers — whose demographic may produce different actuarial assumptions and liquidity needs than industrial or public-sector pension plans. Governance likely resides with a joint board of union and employer trustees, standard for Taft-Hartley plans, but the specific board composition is not publicly documented. This information gap limits a full institutional allocator's analysis.
General information
Firm type
Pension Fund
Year founded
1945
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Additional offices
Canada · Puerto Rico
Sector focus
Frequently asked questions
Who oversees investment decisions for the Office & Professional Employees IU Pension Plan?
The plan is a multi-employer Taft-Hartley fund, typically governed by a joint board of trustees appointed equally by the union and contributing employers. The specific names of trustees and any investment consultant retained are not disclosed on the OPEIU’s public website or in routine labor filings that are readily accessible, making the exact governance structure opaque to outside allocators.
Does the Office & Professional Employees IU Pension Plan do direct deals, or does it invest through funds?
The plan allocates capital entirely through external managers. It does not make direct co-investments, run an internal portfolio-management group, or engage in club deals. The model is standard for many mid-sized Taft-Hartley plans: the trustees set asset-allocation policy and hire third-party institutional managers to execute it across public and private markets.
What is the pension plan’s relationship to OPEIU's 401(k) plan?
The OPEIU National Retirement Savings Plan (401k) is a separate defined-contribution vehicle for members who may not be covered by the defined-benefit pension plan. The 401(k) is an individual-account plan with educational webinars promoted by the union, whereas the pension plan is a pooled trust with pooled risk, paying a defined benefit at retirement based on a formula. They are distinct entities with different governance and investment structures.
How does the plan's membership demographics influence its investment strategy?
With office and professional workers making up the membership base, the plan's liability stream may differ from building-trades or public-safety funds that have higher disability rates or earlier retirement ages. The longer average career span of OPEIU members can support a slightly higher allocation to growth assets and less-liquid alternative investments, though this depends on the maturity of the plan and the ratio of active workers to retirees.
Which sectors does the plan explicitly avoid?
There is no public investment policy statement available, so specific exclusions or ESG screens are unknown. Taft-Hartley plans occasionally apply labor-friendly screens — for instance, avoiding investments in companies hostile to union organizing — but no such policy is confirmed for this fund. Any screens would be set by the board of trustees in a private investment policy.
How can an allocator or GP get in front of the trustees?
The fund does not publish a calendar of board meetings, the names of trustees, or contact information for its investment consultant. Typically, a GP would identify the consultant through Taft-Hartley industry databases or networking at union-investor conferences such as those held by the AFL-CIO or the National Coordinating Committee for Multiemployer Plans, then request a meeting through that channel. Unsolicited outreach to the union's general contact address is unlikely to reach the investment side.
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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