HRS §555-2
Employee trusts can last as long as needed
An employee trust can keep running and growing its money for as long as it takes to reach its goals. The law says these trusts are not breaking any rules about how long trusts can last or how long money can be saved up.
beneficiariesemployeesemployerstrustees
The statute, as written — Trust not in violation of rule against perpetuities
Any employees trust may continue for such time as may be necessary to accomplish the purposes for which it has been created and its income may be accumulated for such time as may be necessary to accomplish such purposes. No employees trust shall be deemed to be subject to or in violation of any principle of law against perpetuities under chapter 525 or at common law, or restraints on alienation or perpetual accumulations or perpetual trusts. The enactment of this chapter shall not in itself give rise to any implication that trusts of this nature have been subject to or in violation of any principle of law against perpetuities under chapter 525 or at common law, or restraints on alienation or perpetual accumulations or perpetual trusts.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.