# Radio, TV & Recording Arts Pension Fund

Radio, TV & Recording Arts Pension Fund is a Pension Fund based in West Trenton, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** West Trenton, United States
- **Region:** North America
- **Address:** West Trenton, NJ, United States
- **Founded:** 1961
- **Assets under management:** Undisclosed
- **Website:** rtvpension.org

## Regulatory record

- **Reports private funds:** No

## About

The Radio, TV & Recording Arts Pension Fund covers 516 participants, primarily broadcast engineers and technicians represented by IBEW Local 1212. Contributing employers include HBO and WNJU (Telemundo 47), both with active withdrawal liability payment schedules. Ralph Avigliano, Business Manager of Local 1212, serves as Union Trustee and Chairman of the Board of Trustees; David New is the Employer Trustee and Secretary. The fund follows a traditional multiemployer defined-benefit structure. Its investment posture is constrained by its regulatory status: certified in critical and declining status, it received approximately $63 million in special financial assistance from the PBGC under the American Rescue Plan Act. These funds are held separately as SFA assets and must be invested in investment-grade fixed-income securities per PBGC rules. The legacy portfolio, if any remains outside the SFA bucket, is not publicly detailed. The plan operates from West Trenton, New Jersey, with no additional offices disclosed. Its sole union affiliation is with the International Brotherhood of Electrical Workers Local 1212, the Radio-Television Broadcast Engineers Union. There are no known adjacent philanthropic foundations, co-investment clubs, or operating-company arms tied to the fund. The fund's defining structural feature is its reliance on a federal backstop. The PBGC's special financial assistance program effectively nationalized the funding risk, converting what was an insolvent multiemployer plan into a vehicle that can meet its obligations through 2051. This makes it distinct from most pension funds allocators encounter — it is a recipient of federal aid, not an active institutional allocator in private markets.

## People

- Ralph Avigliano — Union Trustee and Chairman of the Board of Trustees
- David New — Employer Trustee and Secretary of the Board of Trustees

## Questions

### How is the plan's investment portfolio managed given its funding status?

As a plan in critical and declining status that received PBGC special financial assistance, the fund must segregate SFA assets and invest them solely in investment-grade fixed-income securities. Any legacy assets outside the SFA pool are subject to the trustees' existing investment policy, though the plan's public filings suggest the SFA grant constitutes the bulk of its current assets. The plan does not operate as an active allocator to private equity, venture capital, or hedge funds.

### Who runs investment decisions at the Radio, TV & Recording Arts Pension Fund?

The Board of Trustees, co-chaired by Union Trustee Ralph Avigliano and including Employer Trustee David New, is responsible for plan governance and investment oversight. The fund does not publicly identify an internal CIO or external OCIO. Given its critical and declining status and PBGC SFA constraints, investment discretion is limited to fixed-income manager selection within federal guidelines.

### Does the fund participate in private market investments or fund commitments?

No. As a pension plan certified in critical and declining status that received PBGC special financial assistance, the fund's SFA assets are restricted to investment-grade fixed-income securities. There is no public record of the plan engaging in private equity, venture capital, real estate, or hedge fund commitments prior to or following its PBGC assistance.

### Which employers contribute to this multiemployer plan?

Known contributing employers include HBO (Home Box Office, Inc.) and WNJU (Telemundo 47), both with active withdrawal liability payment schedules. The plan covers 516 participants who are members of IBEW Local 1212, the Radio-Television Broadcast Engineers Union. The full employer roster is not publicly disclosed beyond these named contributors.

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- [Rabobank](https://altss.com/profile/rabobank)
- [Radius Wealth Management](https://altss.com/profile/radius-wealth-management)

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Last updated: 2026-06-03T20:00:00.000Z

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