Boeing Employees' Credit Union Benefits

At Boeing Employees' Credit Union, they provide several options for retirement benefits and amenities for their employees. Like Boeing Employees' Credit Union, many American businesses fund group health benefits for their employees, through which a large portion of each worker's health insurance premium is funded by their employer. In this arrangement, employers receive tax deductions for their contributions and employees are provided with the insurance tax-free. Boeing Employees' Credit Union provides health, dental, and vision coverage. Boeing Employees' Credit Union 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. Employer-provided retirement plans help to guarantee a reliable money flow later in life. Boeing Employees' Credit Union offers defined benefit pension plans and defined contribution pension plans. Retirees at employers with defined benefit pension plans receive a fixed amount when they reach retirement. With a defined contribution retirement plan, businesses help workers save and invest for retirement.