Glencore Ltd. Benefits in United Kingdom

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Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
At Glencore Ltd., workers are given several types of retirement benefits and other perks. A large number of Americans, like Glencore Ltd. workers, avail themselves of group health benefits financed by their employer, through which a significant portion of each worker's health insurance premium is covered by their employer. These contributions are tax deductible for businesses and tax-free for workers. Glencore Ltd. provides health, dental, and vision insurance. Glencore Ltd. also offers group life insurance, long-term disability insurance, and death benefits, which cover certain causes of death. To help ensure a stable income source later in life, numerous workers avail themselves of employer-financed retirement plans. Glencore Ltd. offers defined benefit pension plans and defined contribution pension plans. Companies with defined benefit pension plans pay retirees a fixed sum when they reach retirement. With a defined contribution retirement plan, companies help employees save and invest for retirement.

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