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trust based occupational pension plan

  • 19-10-2020 5:28pm
    #1
    thebourke
    Registered Users Posts: 1,345 ✭✭✭


    what is a trust based pension plan>?


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  • #2
    The J Stands for Jay
    Registered Users, Registered Users 2 Posts: 5,806 ✭✭✭The J Stands for Jay


    thebourke wrote: »
    what is a trust based pension plan>?

    Most occupational pensions are written under trust. The employer pays to have a pension set up for the benefit of the employees. The trustees are the owners of the pension, to legally separate it from the assets of the employer. The trustees run the pension for the benefit of the beneficiaries, who are the pension scheme members/employees.


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