# UMWA Health and Retirement Funds

UMWA Health and Retirement Funds is a Pension Fund based in Wheeling, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Wheeling, United States
- **Region:** North America
- **Address:** 1110 Main Street, Wheeling, WV, United States
- **Founded:** 1985
- **Assets under management:** 431 (Altss estimate)
- **Website:** www.umwafunds.org

## Regulatory record

- **Reports private funds:** No

## About

The UMWA Health and Retirement Funds originated in 1985 as the United Mine Workers of America 1985 Construction Workers Pension Plan. It covers construction-industry participants affiliated with the United Mine Workers of America and receives oversight from trustees appointed through negotiations involving the Bituminous Coal Operators' Association. The plan allocates to private equity, private real estate, and fixed-income securities. Private equity exposure stands at approximately 11 percent. Holdings include a private real estate portfolio tracked through NCREIF submissions and a fixed-income book containing U.S. Treasury notes. Geographic focus remains the United States. The fund participates in NCREIF data reporting and maintains membership in the International Foundation of Employee Benefit Plans. Assets total $431 million. The fund maintains relationships with the Pension Benefit Guaranty Corporation for backstop support and with the Office of Surface Mining Reclamation and Enforcement for Abandoned Mine Land transfers. In January 2024 the fund sponsored the Optum Health Education Annual Support Program. Service providers include Ernst & Young as auditor and Segal as investment consultant since 2023. The fund functions as a multiemployer Taft-Hartley vehicle with governance shared between labor and management trustees. This structure ties investment decisions to collective-bargaining outcomes rather than a single-family mandate.

## Sectors

- Financial Services
- Infrastructure

## People

- Lorraine Lewis — Executive Director

## Questions

### Who runs investment decisions at UMWA Health and Retirement Funds?

Lorraine Lewis serves as Executive Director. Trustees appointed by the United Mine Workers of America and the Bituminous Coal Operators' Association oversee policy. Segal provides investment consulting services.

### What asset classes does the fund hold?

The plan maintains private equity, private real estate reported to NCREIF, and fixed-income securities including U.S. Treasury notes. Private equity allocation reached 11.14 percent in the most recent data.

### How is the fund structured relative to the United Mine Workers of America?

It operates as a separate multiemployer defined-benefit plan established under the 1946 Krug-Lewis Agreement. The union participates in trustee appointments but does not directly manage day-to-day investments.

### Does the fund participate in NCREIF reporting?

Yes. The fund contributes performance data for its private real estate portfolio to the National Council of Real Estate Investment Fiduciaries.

### What external oversight bodies interact with the fund?

The Pension Benefit Guaranty Corporation provides financial assistance. The Office of Surface Mining Reclamation and Enforcement transfers Abandoned Mine Land interest to related health plans.

## Related profiles

- [Hawaii Pacific Health Retirement Plan](https://altss.com/profile/hawaii-pacific-health-retirement-plan)
- [ILA Local 1771](https://altss.com/profile/ila-local-1771)

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

Canonical page: https://altss.com/profile/umwa-health-and-retirement-funds

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