Central Pension Fund

Permanently closed
868 Folsom St
San Francisco, CA 94107

The Central Pension Fund (CPF), established in 1960, serves as a multiemployer pension fund providing retirement, disability, and death benefits to members represented by the International Union of Operating Engineers. With benefits based on annual employer contributions, CPF stands as the second-largest multiemployer defined benefit pension fund in the United States, boasting over 206,000 active and vested participants.

CPF aims to deliver a reliable pension for life, distinguishing itself from 401(k) accounts through its formula-based benefit calculations, which safeguard members from market fluctuations. The fund is committed to keeping participants informed and connected through regular communications and essential updates regarding their pension contributions and benefits.

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