Most Popular Benefits
Paid Holidays / Vacation
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Paid Sick Leave
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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Beneficial Bank offers a few retirement and welfare benefits for their employees. Countless employees in the United States, like Beneficial Bank workers, rely on employer-sponsored group health plans, through which a large portion of each employee's health insurance premium is funded by their employer. In this arrangement, companies receive tax deductions for their contributions and workers collect the coverage tax-free. Beneficial Bank offers health, dental, and vision benefits. To help secure a reliable income stream later in life, countless workers participate in employer-sponsored retirement plans. Beneficial Bank provides defined benefit pension plans and defined contribution pension plans. Employees at companies with defined benefit retirement plans are given a fixed sum when they reach retirement. With a defined contribution retirement plan, companies help workers save and invest for retirement.
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