International pension plan management involves overseeing pension plan portfolios that cover employees working across multiple countries or jurisdictions. These plans provide retirement benefits to employees who have worked in different countries during their careers, often in multinational corporations or organizations with a global workforce.

The benefits of international pension plans include providing retirement benefits to employees who have worked in different countries, ensuring compliance with local pension regulations, and offering a consistent retirement plan across the organization’s global workforce. It also helps attract and retain talent by providing competitive retirement benefits to employees working in various countries.

International pension plan portfolios require coordination with different pension groups, such as investment committees and boards. International pension plan management may also involve managing contributions and benefits in multiple currencies. Traditional pension investment management is generally less complex and deals in a single currency.

Key considerations in international pension plan management include compliance with local pension regulations, currency risk management, coordination with local pension authorities, and ensuring that retirement benefits are portable for employees who move between countries. It’s also important to consider the impact of international tax laws on pension contributions and benefits.

To implement international pension plan investment management strategies, start by understanding the pension plan's goals and objectives. Work closely with an investment team, investment committee and/or boards to determine their needs. Identify or develop a comprehensive Investment Policy Statement (IPS) that will help the construction and implementation of the portfolio. Then, the Pension Plan will look at developing their asset allocation and identifying individual funds or portfolio managers to invest the funds. This approach may include traditional investments as well as alternative investments. Lastly, you will need a clearly established process for monitoring performance and making portfolio changes.