
Worker's Pension Trust
A Worker's Pension Trust is a specialized savings plan set up by employers to ensure employees have income after retirement. Both the employer and employee contribute regularly to the fund during working years. The accumulated funds are invested over time to grow, and upon retirement, the worker receives regular payments or a lump sum, providing financial security. These trusts are governed by specific laws to protect workers’ benefits and ensure the fund is managed responsibly and transparently. Ultimately, it’s a long-term financial safety net to support employees after they stop working.