Summary: Publisher Summary 1 As the first academic collection to explore the subject of pension fund governance, according to editors Evans (U. of New South Wales, Australia), Orszag (Watson Wyatt Ltd, UK) and Piggott (U. of New South Wales, Australia), this volume attempts to strike a balance amongst the topic's various dimensions by discussing theoretical and empirical issues, covering private and public pension funds, and including broad coverage of the major markets of the world. The volume's ten chapters discuss the structure and organizational form of corporate pension plans; the need for reform of member protection as funds make the transition from pay-as-you-go to fully funded arrangements; the effects of conflicting interests within pension fund systems; global systems of governance and their economic, financial, and legal determinants; the lack of strong governance procedures in public pension plans; the appropriate construction of benchmarks for measurement of the investment performance of pension funds; US public pension plan practices related to administration, benefits, contributions, and membership and their correlations to plan funding patterns and investment performance; the findings of a survey of governance in Australian superannuation funds; and social guarantee funds in the United Sates and the United Kingdom. Annotation 漏2008 Book News, Inc., Portland, OR (booknews.com)