Pipefitters Union Local No. 537 Pension Fund is a multi-employer defined benefit union pension fund based in Allston, Massachusetts. Established in 1956, the plan covers the members of Pipefitters union local number 537, installer of piping systems that carries hot water, steam, air or other liquids or gases needed for industrial production or other uses. The pension fund provides both normal and early retirement, hardship, disability retirement and death benefits for eligible members. The assets of the pension fund are managed by the executive team.