Celanese Corporation Benefits

At Celanese Corporation, workers are given several types of retirement plans and other amenities. Like Celanese Corporation workers, countless Americans depend on employer-funded group health benefits, through which businesses typically cover a large percentage of their workers' health insurance premiums. These contributions are tax deductible for companies and tax-free for workers. Celanese Corporation provides health, dental, and vision coverage. Celanese Corporation 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. To help secure a steady money stream later in life, countless employees participate in employer-funded pension plans. Celanese Corporation offers defined benefit pension plans and defined contribution pension plans. Companies with defined benefit pension plans pay employees a predetermined amount upon retirement. With a defined contribution retirement plan, companies help employees save and invest for retirement.