Verizon Wireless Benefits in Ireland

At Verizon Wireless, workers collect several types of retirement and welfare benefits. Like Verizon Wireless, a large number of businesses in the United States sponsor group health coverage, through which companies typically foot the bill for a considerable percentage of their employees' health insurance premiums. In this setup, companies receive tax deductions for their contributions and employees are provided with the coverage tax-free. Verizon Wireless provides health, dental, and vision benefits. Verizon Wireless also offers group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. To help ensure a dependable money flow later in life, many employees take advantage of employer-sponsored retirement plans. Verizon Wireless provides defined benefit pension plans and defined contribution pension plans. A defined benefit retirement plan pays employees a predetermined amount when they reach retirement. With a defined contribution retirement plan, businesses help workers save and invest for retirement.