An employee benefit trust is an employee benefit trust.

An employee benefit trust is a trust that the company provides various benefits to employees. That is, the company regularly deducts a certain percentage of funds from employees' wages or company profits, gives them to the trust institution, and entrusts the latter to manage and use them, and agrees that the purpose of the trust is

For our employees.

The trustor of an employee benefit trust is the company where the employee works, the beneficiaries are the employees of the company, and the trustee is often a trust institution of various types.

An employee benefit trust is a trust that the company provides various benefits to employees. That is, the company regularly deducts a certain proportion of funds from employees' wages or company profits, gives them to the trust institution, entrusts the latter to manage and use them, and agrees on the purpose of the trust.

This is for our employees.

The settlor of an employee benefit trust is the company where the employee works, the beneficiaries are the employees of the company, and the trustee is often various trust institutions.

The main purposes of establishing an employee benefit trust include: 1. The direct purpose of the employee benefit trust is to provide a source of living for retired employees or employees who are unfortunately disabled before retirement age.

2. In addition, in order to encourage employees and help employees accumulate property, encourage employees to participate in corporate management to a certain extent and share the company's operating profits.

3. For enterprises, employee benefit trusts are used by enterprises to motivate employees and improve labor productivity.

4. It is established to increase the company's income, attract outstanding employees, and enjoy tax benefits.

For example, in the United States, during the period of accumulation of trust property, the income and capital gains from the trust property are exempt from state and federal income tax, which provides relaxed conditions for the development of employee income trusts.

Employee benefit trusts mainly include pension trusts, property accumulation trusts, employee stock ownership trusts, and other employee benefit trusts.

1. Pension trust Pension trust - refers to a trust business in which a trust institution accepts pension funds regularly paid by the client, is responsible for the management and utilization of fund assets, and regularly pays pensions to employees after they retire.

Pension trusts are based on the establishment of the pension system.

2. Property accumulation trust Property accumulation trust refers to a designated money trust business that entrusts employees’ property accumulation savings to a trust institution for management and use so that a property can be formed in the future.

3. Employee Stock Ownership Trust Employee Stock Ownership Trust - refers to a trust arrangement in which employees entrust the management and use of the company's stocks purchased by employees to a trust institution, and enjoy the trust benefits after retirement.

Part of the trust funds handed over to the trust agency comes from employees' salaries, and the other part is funded by the company in the form of bonuses for employees to purchase the company's stocks.

It is based on the employee stock ownership system.

4. Other employee benefit trusts and profit sharing trusts. Profit sharing trusts are established for employees to share the company's profits in the future.

It has four characteristics.

A savings plan trust whose purpose is to provide employees with additional retirement income.