Block Communications Benefits

Block Communications employees receive a few retirement and welfare benefits. Like Block Communications employees, a large number of members of the American workforce use health coverage sponsored by their employer, through which a significant proportion of each worker's health insurance premium is paid for by their employer. These contributions are tax deductible for employers and tax-free for workers. Block Communications provides health, dental, and vision coverage. Block Communications also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. To help guarantee a dependable money flow later in life, countless workers rely on employer-financed retirement plans. Block Communications provides defined benefit pension plans and defined contribution pension plans. Employers with defined benefit retirement plans pay employees a fixed sum when they retire. With a defined contribution pension plan, companies help workers save and invest for retirement.