Complex sentence: This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
Split into simpler sentences: This list of largest pension schemes in the United States involves two main groups. Second, there are collectively bargained pension groups, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.