To numerous laborer friends, pension fund is an important foundation which they rely heavily on for living after retirement. Since the start of the new pension fund system, management and manipulation of the fund becomes rather important. This article mainly focuses on the study of explicit delegation for designated management of the pension fund. It refers to relevant standards and probes to see if the management conforms to the requirement of the Constitution based on an explicit principle. Furthermore, it attempts to find out the similarities and dissimilarities between the two systems for law requirement on delegation for designated management. It also looks into the current delegation system to identify existing problems, and whether these problems such as deputy, systematic, and information opaque problems, are the causes of occurrence of unidentified problems. In addition, what is the standard of explicit delegation? What is the clear definition of contents, purpose, and scope of laws and regulations? Why information needed to be made known to the public? How delegation for designated management of the pension fund should be to correspond to the principle of explicit? What will be the consequences if principle of explicit is not corresponded with? These are the questions to be studied and discussed in this paper. This paper refers to and reviews the current operation modes of the United States, Singapore, and Hong Kong, hoping to gain experiences from these countries, and to take the experiences as a reference for Taiwan¡¦s implementation of the system. In conclusion, this paper provides a possible way of pension fund management based on the following premises: 1. establish a clear and definite achievements index system, 2. public information periodically, 3. set up mutual indemnity fund, 4. free selection and free switch, 5. issue index fund for laborers to choose.