A retirement plan is a vital part of a company’s employee benefits offering which helps drive employee retention and satisfaction. Aside from this, setting up a retirement/employee benefit fund— a mandate for all private corporations, except retail, service, and agricultural establishments with less than ten employees (RA 7641)— helps companies avoid unnecessary cash flow disruptions brought about by the payment of retirement benefits and enjoy possible direct cash benefits by way of tax savings.
With Chinabank Trust and Asset Management Group as your company’s retirement fund trustee/fund manager, you have a reliable partner to:
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