LP profile · Pension fund
Legacy Plan of the National Retirement Fund
Legacy Plan of the National Retirement Fund is a pension fund headquartered in United States (North America). Ranked #133 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- The National Retirement Fund was formed in the mid-2000s through the merger of numerous pension plans.
- These predecessor plans covered workers across various industries, including clothing, hospitality, food service, gaming, laundry, and textiles.
Source of Capital
- The plan is a multi-employer defined benefit pension fund.
- Its capital is derived from employer contributions and income generated from the fund's investments.
Major Events
- In March 2016, the plan's actuary certified that the Legacy Plan was in "critical status."
- As a result of its financial status, a rehabilitation plan was adopted which could lead to the reduction of certain adjustable benefits for participants.
Allocation Strategy
- No information available.
Sources
- https://www.reference.com/business-finance/national-retirement-fund-d6977a9fe053f45e
- https://nationalretirementfund.org/members/
- https://www.dol.gov/sites/dolgov/files/EBSA/about-ebsa/our-activities/public-disclosure/status-notices/critical/2016/legacy-plan-of-the-national-retirement-fund.pdf
- https://www.dol.gov/agencies/ebsa/about-ebsa/our-activities/public-disclosure/status-notices/critical/2018/legacy-plan-of-the-national-retirement-fund