Important Notice About PBI Data Breach

Central States Pension Fund was recently notified of a privacy breach that occurred through a third-party vendor that may affect the security of our retirees, spouses, and beneficiaries’ personal information.

What happened?
Central States Pension Fund uses a firm named Pension Benefit Information, LLC (“PBI”) to audit pension records and provide death and address record updates as part of our regular business operations. The software used by PBI to encrypt and transfer files securely, Progress Software’s MOVEit Transfer, disclosed a vulnerability in their software that an unauthorized third party exploited on or around May 31, 2023.

In July, we were notified that PBI determined the privacy event impacted over 580 organizations and the personal information of approximately 40 million people globally, including 350,000 retirees and their spouses in the Central States Pension Fund.

Central States Pension Fund’s data systems were not impacted by this breach and our information systems remain secure.

What is being done about this?
At this time, PBI is not currently aware of any identity theft or fraud due to this breach. As an added protection, they are offering our impacted members access to two years of complimentary credit monitoring and identity restoration services through cyber security firm Kroll. We encourage our members to review their account statements and monitor their reports for suspicious activity.

PBI will be sending a letter the week of August 21 to members with impacted personal information with further details about the event, additional steps to protect their information, and instructions on how to enroll in Kroll’s monitoring services.

If you have any additional questions, please contact Kroll at 1-(866)-676-3191.