Celanese Corporation Benefits

Celanese Corporation offers several retirement savings plans and perks. A large number of Americans, like Celanese Corporation employees, depend on employer-sponsored group health insurance, through which employers typically foot the bill for a significant percentage of their employees' health insurance premiums. These contributions are tax deductible for companies and tax-free for workers. Celanese Corporation offers health, dental, and vision benefits. Celanese Corporation also provides 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-sponsored retirement plans help to guarantee a reliable flow of income later in life. Celanese Corporation offers defined benefit pension plans and defined contribution pension plans. Businesses with defined benefit retirement plans pay retirees a fixed amount when they retire. With a defined contribution pension plan, companies help employees save and invest for retirement.