Belco Community Credit Union Benefits

At Belco Community Credit Union, they offer a few retirement savings plans and perks to promote employee well-being. Many American businesses, like Belco Community Credit Union, finance health coverage for their employees, through which companies typically cover a large percentage of their workers' health insurance premiums. In this system, businesses receive tax deductions for their contributions and workers collect the coverage tax-free. Belco Community Credit Union provides health, dental, and vision coverage. Belco Community Credit Union also offers short-term disability insurance for accidents or illness, group life insurance, death benefits, which cover certain causes of death, and long-term disability insurance. Employer-financed pension plans help to guarantee a steady source of income later in life. Belco Community Credit Union provides defined benefit pension plans. A defined benefit retirement plan pays employees a predetermined amount upon retirement.