| Pension Plans Whether it is funded through employee or employer contributions, a pension plan which is common in the public sector is sometimes offered by larger companies to provide an incentive to retain top talent. By setting up the pension plan structure with a payroll company, an employer can ensure that the moneys placed in its pension accounts are deducted and credited to each employee or retiree. A payroll company would not be the vehicle in which you would maintain, invest, and process critical policy decisions, but they would be able to create a structure in using a payroll deduction from the employee and wiring or transferring the money into the account provided by the employer. |