Editing Pension fund (section)

==Classifications==
===Open vs. closed pension fund===
Open pension funds support at least one pension plan with no restriction on membership while closed pension funds support only pension plans that are limited to certain employees.<ref>{{Cite web|url=http://www.oecd.org/dataoecd/0/49/38356329.pdf|title=OECD}}</ref> Closed pension funds are further subclassified into:
*Single employer pension funds
*Multi-employer pension funds
*Related member pension funds
*Individual pension funds

===Public vs. private pension funds===<!--linked from [[Northern Mariana Islands]]-->
A public pension fund is one that is regulated under public sector law while a private pension fund is regulated under private sector law. In certain countries, the distinction between public or government pension funds and private pension funds may be difficult to assess. In others, the distinction is made sharply in law, with very specific requirements for administration and investment.  For example, local governmental bodies in the United States are subject to laws passed by the states in which those localities exist, and these laws include provisions such as defining classes of permitted investments and a [[minimum municipal obligation]].<ref>For examples, see {{cite web|url=http://www.newpa.com/get-local-gov-support/local-government-law-library|title=Local Government Law Library|access-date=15 May 2011|url-status=dead|archive-url=https://archive.today/20120906023548/http://www.newpa.com/get-local-gov-support/local-government-law-library|archive-date=6 September 2012}}</ref><ref>{{Cite web|url=https://www.consultancy.uk/news/14292/the-20-largest-pension-funds-of-the-globe|title=The 20 largest pension funds of the globe|website=www.consultancy.uk|date=27 October 2017|language=en|access-date=2018-03-11}}</ref>