Central Pension Fund of the IUOE & Participating Employers is a non-contributory defined benefit multi-employer union pension fund based in Washington, District of Columbia. Established in 1960, the pension fund provides retirement, disability, and death benefits to members and individuals represented by the International Union of Operating Engineers. CPF's responsibilities include servicing participants and employers, supporting the employers and unions by maintaining a pension plan which will attract and retain employees, fulfilling the fund's fiduciary role, and ultimately paying pension benefits. The assets are managed by the Board of Trustees.