Centria Benefits

At Centria, workers collect several retirement and welfare benefits. Countless Americans, like Centria workers, enroll in employer-sponsored health coverage, through which a large percentage of each worker's health insurance premium is covered by their employer. These contributions are tax deductible for employers and tax-free for workers. Centria provides health, dental, and vision insurance. Centria 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 ensure a steady cash source later in life, numerous employees rely on employer-funded retirement plans. Centria provides defined benefit pension plans and defined contribution pension plans. Retirees at companies with defined benefit retirement plans are provided with a predetermined sum upon retirement. With a defined contribution retirement plan, employers help employees save and invest for retirement.