Message from the Board of Trustees

The Central States Pension Fund is one of the nation’s largest multiemployer Taft-Hartley defined benefit pension plans. With nearly 360,000 participants, Central States Pension Fund is jointly administered by an eight-member Board of Trustees consisting of separate trustees representing interest of four Labor Employees Trustees and four Employer Trustees.

Established in 1955 to provide pension benefits to Teamsters in the trucking industry the plan has paid approximately $80 billion in benefits to date. Today, the Central States Pension Fund has more than approximately 1,000 contributing employers representing over 45,000 active participants in a variety of industries, including trucking, car haul, warehouse, construction, food processing, dairy and grocery trucking.

Like many of our nation’s multiemployer pension funds, the Central States Pension Fund has become severely underfunded and is in critical and declining status. Each day, the Central States Pension Fund pays out $5.7 million more in pension benefits than employer contributions received. The Fund pays out over $2.8 billion in pension benefits annually.

The Board of Trustees

Employee/Union Trustees Employer Trustees
Charles A. Whobrey
George J. Westley
Gary Dunham
Trevor Lawrence

Gary F. Caldwell
Robert Whitaker
Mark F. Angerame
Richard K. Ellis

Executive Director
Thomas C. Nyhan