Pension Trusts

A pension trust is a legal arrangement that manages the funds set aside for employees’ retirement. Employers, sometimes along with employees, contribute money into the trust. The trust invests these funds to grow over time. When employees retire, they receive regular payments from the trust, providing financial security after their working years. The trust is managed by appointed trustees who ensure the funds are used responsibly, according to legal and regulatory standards, to meet future retirement obligations. Essentially, it’s a structured system that safeguards and grows retirement savings on behalf of workers.