Borroughs Corporation Benefits

Borroughs Corporation provides some retirement plans and other amenities for their employees. Like Borroughs Corporation workers, a large number of employees in the United States take advantage of health insurance financed by their employer, through which a significant proportion of each worker's health insurance premium is paid for by their employer. In this arrangement, employers are given tax deductions for their contributions and workers receive the benefits tax-free. Borroughs Corporation offers health, dental, and vision benefits. Borroughs Corporation also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-sponsored retirement plans help to secure a dependable money stream later in life. Borroughs Corporation offers defined contribution pension plans. With a defined contribution pension plan, employers help workers save and invest for retirement.