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.