Portable Pension Plans for Casual Labor Markets
Lessons from the Operating Engineers Central Pension Fund
A national model for expanding pension coverage to employees in small organizations, women, and other marginalized workers.
||6 1/8x9 1/4
||Current Events and Issues/Business
Designing pension plans to cover workers and provide the necessary retirement funds for them is one of the critical issues of the turn of the century. Written by four experts in the field of pension funds, this work examines the possibilities for pension reform based on a detailed understanding of a successful system, the union pension fund of the Operating Engineers. This type of plan is managed by workers and management trustees, covering workers that do not have secure and predictable jobs. The authors demonstrate just how this pension fund can provide a useful blueprint for executives, pension fund managers, industrial relations professionals, and public policy decision makers.
- Table of Contents
The Evolving ChallengeA Century of Union Pension FundsBuilding the Central Pension FundCollective Bargaining for Pension ContributionsPlanning for the Golden Years: What Does the CPF Deliver?How to Deliver the Promised Benefits: The CPF's Investment PolicyAdministering the Central Pension FundPensions for the New U.S. Labor Market: Lessons from the CPFAppendixSelected BibliographyIndex