# Teamsters Union No. 142 Pension Trust Fund Teamsters Union No. 142 Pension Trust Fund is a Pension Fund based in Gary, United States. ## Overview - **Organization type:** Pension Fund - **Headquarters:** Gary, United States - **Region:** North America - **Address:** 1300 Clark Road, Gary, IN 46404, United States - **Founded:** 1955 - **Assets under management:** Undisclosed - **Website:** teamsters142.org - **LinkedIn:** https://www.linkedin.com/company/teamsters-local-142-training-apprenticeship ## Regulatory record - **Reports private funds:** No ## About Teamsters Union No. 142 Pension Trust Fund is a multi-employer defined-benefit pension plan headquartered in Gary, Indiana, sponsored by Teamsters Local 142. The Fund was created to provide retirement security to drivers, dockworkers, and clerical employees whose employers contribute under collectively bargained contribution rates. Local 142, led by President Harvey Jackson and Secretary-Treasurer Mike Toth, governs the Fund through a joint board of trustees equally representing labor and management, as required under Taft-Hartley rules. The Fund is a sister entity to the Teamsters Union No. 142 Health & Welfare Trust Fund, with both sharing administrative resources at the union's headquarters at 1300 Clark Road in Gary. The Fund's investment posture reflects the conservative liability-driven framework typical of multi-employer plans facing mature participant demographics and strict ERISA funding requirements. Disclosed portfolio holdings focus on passive, low-cost beta exposure through BNY Mellon index vehicles, including the BNY Mellon S&P 500 Index Fund and the BNY Mellon Aggregate Bond Index Fund. The plan does not appear to market direct co-investments, private equity commitments, or alternative credit strategies — its structure prioritizes liquidity and predictable actuarial returns over outsized alpha generation. The Fund's scale is not publicly disclosed and cannot be reliably estimated from available data. It operates with a lean governance structure centered on the union's own leadership rather than a dedicated internal investment staff. In addition to its fiduciary roles, the Fund participates in the multi-employer plan community through memberships in the International Foundation of Employee Benefit Plans and the National Coordinating Committee for Multiemployer Plans, both of which serve as advocacy and education bodies for Taft-Hartley plans navigating PBGC insurance rules and funding relief legislation. The Fund's most defining structural feature is its embeddedness in a single local union's bargaining cycle. Contribution income rises and falls with contract wins, trucking volume, and local manufacturing activity in the Chicago-Northwest Indiana corridor. This makes the Fund's health a direct proxy for the region's blue-collar labor market — a structural tie few institutional allocators replicate. The board's labor-management parity also means investment decisions must pass through a consensus filter that often favors simplicity and transparency over complexity, explaining the indexed portfolio posture. ## Sectors - Pension Fund - ERISA ## People - Harvey Jackson — President of Local 142, Trustee - Mike Toth — Secretary-Treasurer of Local 142, Trustee ## Questions ### How is the Fund related to Teamsters Local 142 and the International Brotherhood of Teamsters? Teamsters Union No. 142 Pension Trust Fund is established and sponsored directly by Teamsters Local 142, which is itself an affiliate of the International Brotherhood of Teamsters. However, the Fund is a separate legal trust, not an asset of the International union. Local 142's officers serve as trustees, but the trust's assets are held exclusively for the benefit of participants and beneficiaries under ERISA. The International Brotherhood of Teamsters has no direct governance authority over the Fund. ### Are the Fund's assets publicly disclosed? No. As a non-public ERISA plan, the Fund files annual reports — including Form 5500 — with the U.S. Department of Labor, which can provide asset and liability data. However, the Fund does not voluntarily publish its AUM or detailed investment holdings on its website. The specific allocation to BNY Mellon index funds is drawn from Altss research records, but total plan assets have not been disclosed publicly by the Fund. ### What geographic area and industries do the Fund's participants come from? The Fund's participant base reflects the jurisdiction of Teamsters Local 142, which represents workers primarily in Northwest Indiana and the greater Chicago metropolitan area. Covered industries include freight trucking, warehousing, construction materials delivery, and logistics support. The local union's strength in these sectors means the Fund's contribution base is substantially tied to the industrial and supply-chain economy of the Calumet Region. ### Does the Fund share resources with any related benefit plans? Yes. The Fund operates alongside the Teamsters Union No. 142 Health & Welfare Trust Fund, which provides medical, dental, vision, and disability benefits to the same participant population. Both trusts share administrative offices at the Local 142 headquarters in Gary and are governed by overlapping trustee boards. This shared-services model is common among multi-employer plans seeking administrative efficiency. ### What regulatory framework governs the Fund? The Fund operates under the Employee Retirement Income Security Act of 1974, Title IV of which provides for Pension Benefit Guaranty Corporation oversight. Because the Fund is a multi-employer plan in a declining-industry sector, it is subject to special funding rules under the Multiemployer Pension Reform Act of 2014, including potential zone status certification and, in severe cases, application for benefit suspension or partition from the PBGC. The Fund's zone status is not currently public. ## Related profiles - [Teamsters, Philadelphia & Vicinity](https://altss.com/profile/teamsters-philadelphia-vicinity) - [TeamSystem](https://altss.com/profile/teamsystem) --- Last updated: 2026-08-11T02:43:31.692Z Canonical page: https://altss.com/profile/teamsters-union-no-142-pension-trust-fund Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology