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UMass Memorial Health Care Pension Plan
UMass Memorial Health Care Pension Plan is a defined benefit plan serving eligible employees in Worcester, United States. It focuses on the biotech and life...
Overview
UMass Memorial Health Care Pension Plan is a defined benefit plan serving eligible employees in Worcester, United States. It focuses on the biotech and life science sectors.
General information
Firm type
Pension Fund
Year founded
1998
Location
Region
North America
Country
United States
City
Worcester
Corporate office
Worcester, MA, United States
Principals
Eric W. Dickson
President & CEO, UMass Memorial Health
Sergio Melgar
EVP & CFO, UMass Memorial Health; Member, Investment and Pension Committee
Lynda M. Young
Chair, Board of Trustees, UMass Memorial Health
Frequently asked questions
Who governs the UMass Memorial Health Care Pension Plan?
The plan is overseen by an Investment and Pension Committee that includes EVP and CFO Sergio Melgar. Board-level governance sits with Chair Lynda M. Young and CEO Eric Dickson. The sponsor, UMass Memorial Health, is Central Massachusetts' largest healthcare system, and the committee's decisions reflect the system's broader institutional priorities, including its anchor-investment commitments.
What is the plan's relationship to the Healthcare Anchor Network?
UMass Memorial Health was a co-founding member of the Healthcare Anchor Network, a coalition of hospital systems that commit to place-based investing — directing a portion of their treasury and pension assets toward local housing, small-business lending, and community development. The pension plan operates as one vehicle through which this anchor mission is executed, particularly in Central Massachusetts.
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