Teamsters Local Union No. 727 Pension Plan

Teamsters Local Union No. 727 Pension Plan

The fund is one of several benefit programs serving members of Teamsters Local Union No. 727, providing pension coverage for workers across industries represented by the Chicago-area local. It operates as a traditional defined-benefit plan, with eligibility pathways for vested, regular, and early retirement. The fund increased benefits in 2013, a signal of improving financial health at a time when many multiemployer plans were cutting accruals. No current asset allocation, total portfolio value, or investment policy statement could be confirmed from public documents. The fund achieved 'green zone' status and 100 percent funding in 2016 (per the fund's own disclosure), a designation under the Pension Protection Act indicating that it is not endangered or in critical status. This means its actuary projected the plan could meet all benefit obligations over the required time horizon. Details on the board of trustees, investment consultants, and external manager lineup are not publicly enumerated. The fund's website focuses primarily on participant-facing benefits administration rather than institutional-level portfolio disclosure. No recent Form 5500 or annual financial report was reviewed for this profile. The structural feature that defines the plan is its status as a well-funded multiemployer Taft-Hartley plan in an environment where many peer funds remain critically underfunded. That solvency gives its trustees optionality that distressed plans lack — whether in negotiating withdrawal liability settlements, adjusting actuarial assumptions, or deploying assets across credit, real assets, and private markets.