Typically, the models that tend to work have a board that has members who are appointed, some of them by the unions, some of them by the employer. That might be roughly fifty-fifty. Those board members, in some cases, are experts in pensions and investments. In other cases, they're more representative of the employer or the union. I've seen models work on both ends of the spectrum.
On September 27th, 2016. See this statement in context.