What Is an Annuity Beneficiary?
Enterprise annuity beneficiaries refer to enterprise employees who participate in the enterprise annuity plan and enjoy the beneficial rights. According to the "Trust Law", two or more beneficiaries are common beneficiaries. Therefore, the enterprise annuity beneficiaries are co-beneficiaries.
Enterprise Annuity Beneficiaries
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- Chinese name
- Enterprise Annuity Beneficiaries
- Foreign name
- Enterprise annuity beneficiary
- Object
- Enterprise employees
- According to
- Trust Act
- Enterprise annuity beneficiaries refer to enterprise employees who participate in the enterprise annuity plan and enjoy the beneficial rights. According to the "Trust Law", two or more beneficiaries are common beneficiaries. Therefore, the enterprise annuity beneficiaries are co-beneficiaries.
- First, only employees of enterprises participating in the enterprise annuity plan are the beneficiaries, and other employees of enterprises not participating in the enterprise annuity plan are not the beneficiaries; [1]
- According to the Provisional Measures for the Management of Enterprise Annuity Funds, beneficiaries of enterprise annuities enjoy partial broad-benefit rights. Specifically, an annuity beneficiary enjoys all the narrow-benefit rights and the right to know the information, but does not have the right to request for dismissal, the right to request for new trustee selection, and the right to terminate the trust. [2]