Central States Pension Fund: $12.7 Billion in Asset

The third quarter financial and analytical report shows that the Central States Pension Fund is down to $12.7 billion in assets, a drop of $460 million since the beginning of 2019.

central_thumb.jpgThe Independent Special Counsel report for the same period notes that the fund now has only 11% of its assets in stocks, most of that in an S&P 500 index fund. The fund made 1.3% return in the quarter, which is an annualized rate of 5.3%. The low stock holdings mean that the fund will have more security but lower returns. Most of the report consists of reprinting material from previous quarterly reports.

The Financial and analytical report on the Health and Welfare Fund (TeamCare) shows that it continues to grow and prosper, building up huge reserves and a growing number of participants, reported as 203,996.

Get Advice Join TDU Donate

Recent News

Dr. King's Vision of Justice

We honor the life and work of Dr. Martin Luther King, and pledge to continue growing the movements for peace, economic security, and racial and social justice that he sacrificed his life to build.

Stand Up Slate Wins in Cincinnati Local 100

Teamster members in Cincinnati Local 100 put their support strongly in the reform and ready for change camp. All twelve Stand Up candidates were victorious, defeating the incumbents in a three-way race. This marks another victory for reform minded Teamsters looking to change our union.

View More News Posts