The Minister of Education of Alberta, Canada established a task force in 1983 to analyze the characteristics of teachers' pension plans and to develop a model retirement plan for teachers in Alberta. The task force reviewed the legislative, structural, administrative, and financial characteristics of Alberta's existing Teachers' Retirement Fund as well as pension plans for teachers in other provinces and for other public employees in Alberta. This document summarizes the task force's full report, which describes the task force's membership and responsibilities, discusses its findings concerning pension fund reform, and presents its proposed model plan. Changes recommended by the task force include enacting new legislation, adjusting the level of teacher contributions, changing retirement options, adopting a new pension formula, and establishing cost of living indexing. Other considerations addressed are temination benefits, deferred pensions, and death and disability benefits. Costs and funding methods for the plan are discussed. (PGD)