Plan boosts accrued pensions as assets climb to $1.074 billion
CWIPP’s pension fund posted a 9.9 percent return in 2025 and lifted assets 22 percent, marking another year of growth for the multi-employer target benefit plan.
As of December 31, 2025, the fund’s assets increased from $880m to $1.074bn.
The plan reports 5-year and 10-year annualised returns of 7.5 percent and 8.7 percent. Its funded position stood at 128.6 percent at the last valuation on December 31, 2024.
CWIPP links its position to an asset management strategy overseen by its Board of Trustees.
The asset mix aims to generate strong returns with what the plan describes as a prudent level of risk to help the fund manage marketplace volatility.
The Board highlights stable governance, transparency, and asset management strategies it sees as supportive of a growing pension plan.
The 2025 results led CWIPP to grant, effective January 1, an average 3.6 percent increase to pensions earned to date for nearly a quarter of its active employer groups, affecting almost 7,700 members and pensioners.
Established in 1970, CWIPP operates as a multi-employer target benefit pension plan.
Employers joining CWIPP set contribution rates and structures through bargaining with unions.
Employer costs are fixed and limited by pension legislation to the negotiated contribution rates.
Member contributions are permitted but not required, and the plan pays pensions at retirement as a monthly income for life.
