Century Aluminum Company Benefits

At Century Aluminum Company, they offer several types of retirement and welfare benefits for their employees. Like Century Aluminum Company, many businesses in the United States fund health coverage, through which employers typically pay a large proportion of their workers' health insurance premiums. In this system, companies are given tax deductions for their contributions and workers receive the coverage tax-free. Century Aluminum Company offers health, dental, and vision benefits. Century Aluminum Company 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 pension plans help to secure a stable flow of income later in life. Century Aluminum Company provides defined benefit pension plans and defined contribution pension plans. Employers with defined benefit pension plans pay retirees a fixed amount upon retirement. With a defined contribution retirement plan, companies help workers save and invest for retirement.