Definition: Multi-employer pension funds
Funds that pool the assets of pension plans established by various plan sponsors.
There are three types of multi-employer pension funds:
a) for related employers i.e. companies that are
financially connected or owned by a single holding group (group pension funds);
b) for unrelated employers who are involved in the same trade or business (industry pension funds);
c) for unrelated employers that may be in different trades or businesses (collective pension funds).
Organisation for Economic Co-operation and Development (OECD)/Organisation de coopération et de développement économiques (OCDE), OECD Glossaries/Glossaires de l'OCDE, Private pensions - OECD classification and glossary; Les pensions privées - Classification et glossaire de l'OCDE, Paris, 2005