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Secular TrustsA secular trust is a part of a nonqualified deferred compensation plan. In a secular trust, the employer contributes to an irrevocable trust to provide post-employment benefits to the executive. The executive has a nonforfeitable right to the assets of the trust at the time the trust is established however, the employee is not entitled to these assets until an event such as the employee's retirement, death, or termination of employment with the employer. RELATED PRODUCTS
Salary AssessorReports "up to the present day" competitive wage, salary, and incentive survey data. Provides salary ranges and median/means for over 6,100 positions in 370 U.S. and Canadian metro areas.Download Product Demo |