LIUNA National (Industrial) Pension Fund

What LIUNA National (Industrial) Pension Fund does

LIUNA National (Industrial) Pension Fund is a private, multi-employer defined benefit pension trust established in 1967 by LIUNA (Laborers' International Union of North America) jointly with employers, and it is administered by a Board of Trustees with equal labor and management representation under the Labor Management Relations (Taft-Hartley) Act Section 302(c)(5). The Fund exists to provide retirement income to LIUNA-represented employees working in industries other than building and construction — including construction materials suppliers, transportation, healthcare, manufacturing, recreation and sports, and government and public employment — because construction-industry pension designs were often unsuitable for the working patterns of those employees. It offers multiple contribution rates and benefit levels, normal, early, and disability pensions paid as life or joint-and-survivor annuities, and grants past-service credit for pre-contribution employment.

The Fund is tax-qualified under IRC Section 401(a) and tax-exempt under Section 501(a), regulated as a multi-employer plan under ERISA, and its benefits are guaranteed by the Pension Benefit Guaranty Corporation. It is signatory to the LIUNA National Reciprocal Agreement, which combines pension credit across multiple Laborers' funds for vesting and for bridging breaks in service. Distribution is conducted through collective bargaining agreements: every employee in a covered bargaining unit is automatically enrolled once the unit is accepted into participation, with employer contributions based on hours, days, weeks, months of paid work, or a percentage of salary.

As of the end of calendar year 2024, more than 660 employee groups participate and the Fund distributes over $114 million per year in benefits to pensioners and beneficiaries, having paid out more than $1 billion in total since inception. The Fund Office is staffed with 1-10 administrative employees at its Washington, D.C. headquarters and runs web-based Member and Employer portals on GoBasys infrastructure for participant self-service and employer contribution administration. A formal web stack (lnipf.com on Wix, GoBasys portals) and a document library of plan rules and notices constitute the principal digital surface area; no AI/ML capabilities are evidenced in the input.

Name

LIUNA National (Industrial) Pension Fund

Legal name

LIUNA National (Industrial) Pension Fund

Website

https://lnipf.com

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

1–10 employees

Short description

Multi-employer defined benefit pension trust providing retirement income for LIUNA-represented employees in non-construction industries, governed jointly by labor and management trustees under the Taft-Hartley Act and regulated under ERISA.

Ownership category

akta.pro rank

Product category

Multi-Employer Defined Benefit Pension Fund

NAICS

Pension Funds (525110), Insurance and Employee Benefit Funds (5251)

SIC

Finance Services (6199)

akta.pro primary industry

Taft-Hartley / Labor Union & Public Sector Retirement Systems (FSAAAGAK)

akta.pro secondary industry

Corporate & Public Pension Funds (DB/DC Sponsors) (FSAAAGAA)

Keywords

• Multi-employer pension fund
• Defined benefit retirement
• Labor-management trust fund
• Taft-Hartley pension plan
• Industrial pension benefits

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Others

Revenue model

1. Employer Contributions: The Pension Fund is funded by employer contributions based on collective bargaining agreements. Contributions are based on hours, days, weeks or months for which employees covered by the agreement are paid, or a percentage of their salary. This is the primary funding source for the defined benefit pension plan.

Distribution channels1 record

Marketing channels3 records

Core offering

LIUNA National (Industrial) Pension Fund is a joint labor-management trust fund established in 1967 that provides defined benefit pension coverage to LIUNA-represented employees working in industries outside of building and construction. The fund pays life annuity benefits (and joint and survivor annuities) to eligible participants based on negotiated employer contributions collected through collective bargaining agreements, and includes normal, early, and disability pension options with portable coverage across participating employers.

Product overview

LIUNA National (Industrial) Pension Fund operates a single core defined benefit pension plan offering multiple levels of benefits based on contribution rates and employment length. The fund is supplemented by two web-based service portals (Member Portal and Employer Portal) for participant self-service and employer administration, plus a comprehensive library of downloadable fund documents and forms.

Differentiator

Problem solved

Functional benefit

Products and services

• Defined Benefit Pension Plan A joint labor-management trust fund providing retirement income for LIUNA-represented employees in various non-construction industries. Offers multiple benefit levels based on contribution rate and length of covered employment, with normal, early, and disability pension options payable as a life annuity or joint and survivor annuity.
• Member Portal
• Employer Portal Web-based portal for contributing employers to manage pension contributions, submit required information, and access administrative tools related to their participation in the fund.
• Fund Documents and Forms Library Collection of downloadable plan documents including benefit change notices, contribution rate schedules, plan rules, annual notices, trust agreements, and required forms (e.g., change of address, direct deposit, W-4P withholding) for participants and employers.

Quantifiable outcome

• Over 660 employee groups participating as of end of 2024
• +2 more outcomes

Named customers5 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• LIUNA (Laborers' International Union of North America)coreStrategic or Co-development PartnerLIUNA is the founding union that established the Pension Fund in 1967 jointly with employers. LIUNA represents the employees who are beneficiaries of the fund. The fund operates as a joint labor-management trust fund administered by a Board of Trustees with representation from both labor and management.
• PBGC (Pension Benefit Guaranty Corporation)coreOthersPBGC is a U.S. government agency established by ERISA that guarantees the Pension Fund's benefits. This provides federal protection for participants' retirement benefits.
• LIUNA National Reciprocal AgreementminorStrategic or Co-development PartnerThe Pension Fund is signatory to the LIUNA National Reciprocal Agreement that generally combines a participant's credit under two or more Laborers' pension funds for purposes of vesting and bridging breaks in service.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• National Electrical Benefit Fund (NEBF): IBEW-NECA Taft-Hartley defined benefit pension fund. Comparable multi-employer DB structure serving electrical industry workers; useful benchmark for portable multi-employer DB design and Reciprocal Agreement mechanics within a different trade.
• International Brotherhood of Teamsters Central States Pension Fund: Large, well-known multi-employer Taft-Hartley DB pension fund. Same ERISA multi-employer regulation, same PBGC-backed structure, but serving Teamsters across multiple industries — a useful benchmark for governance, scale, and funding dynamics in the Taft-Hartley DB space.
• IATSE National Pension Fund: Multi-employer DB pension plan covering stage and entertainment workers. Operates under same Taft-Hartley and ERISA framework; useful comparison for how a smaller-trade union manages DB obligations and Reciprocal participation.
• UFCW Consolidated Pension Fund: United Food and Commercial Workers' multi-employer DB pension fund. Same Taft-Hartley governance model, but covering retail food and related workers; comparable in regulatory structure and benefit design choices.
• SAG-AFTRA Retirement Plan: Multi-employer DB plan for entertainment industry union members. Comparable in using employer contributions through collective bargaining to fund lifetime annuities, with similar portability and vesting mechanics across diverse employer engagements.
• Western Conference of Teamsters Pension Plan: Large Western U.S. multi-employer DB pension plan for Teamsters. Comparable in compliance regime (ERISA, PBGC, Taft-Hartley) and benefit structure (lifetime annuities, multiple contribution rate options).

Direct peers

• Laborers National Pension Fund: Another multi-employer Taft-Hartley DB pension fund for Laborers-represented workers. Operates under substantially the same ERISA framework, also signatory to Reciprocal Agreements, and competes for non-construction LIUNA employer groups in overlapping geographies.
• LIUNA National Pension Fund: LIUNA's sister fund covering building and construction industry workers. Same sponsor (LIUNA), same Taft-Hartley structure, same Reciprocal Agreement, but different covered industries. The most directly comparable organization; LNIPF was explicitly created because construction-focused funds didn't fit non-construction LIUNA members.

Regional players

• Iron Workers Local Union Pension Funds (multi-employer family): Family of regional multi-employer DB pension funds covering ironworkers. Same Taft-Hartley/ERISA framework, but typically organized by region; useful for understanding consolidation patterns and competitive dynamics in multi-employer DB management.

Others

• Empower Retirement (multi-employer plan administration): Recordkeeping/administration service provider that processes contributions and benefits for several multi-employer and Taft-Hartley pension funds. While not a fund itself, it is a relevant ecosystem peer and operational services comparator to vendors like GoBasys used by LNIPF.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/liuna-national-industrial-pension-fund

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LIUNA National (Industrial) Pension Fund