Pension Fund

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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...

Teamsters Local Union No. 727 Pension Plan logo

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. No current asset allocation, total portfolio value, or investment policy statement could be confirmed from public documents. 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.

General information

Firm type

Pension Fund

Year founded

1963

Location

Region

North America

Country

United States

City

Park Ridge

Corporate office

Park Ridge, IL, United States

Frequently asked questions

What is the plan's current funded status?

The fund reported reaching 100 percent funding and 'green zone' status in 2016 under Pension Protection Act classifications. No more recent public actuarial valuation or zone certification was identified.

Is this a single-employer or multiemployer plan?

It is a multiemployer Taft-Hartley defined-benefit plan, collectively bargained between Teamsters Local Union No. 727 and contributing employers, primarily in the Chicago metropolitan area.

How does a participant qualify for benefits?

The plan outlines eligibility for vested, regular, and early retirement pensions. Members earn pension credits for years of covered service, with the plan honoring up to 40 pension credits and providing benefits at no direct cost to participants.

Profile maintained by 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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