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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Charles Cole Memorial Hospital provides a few retirement plans and other perks for their employees. Like Charles Cole Memorial Hospital, many employers in the United States fund group health benefits, through which a sizable proportion of each employee's health insurance premium is paid for by their employer. These contributions are tax deductible for businesses and tax-free for employees. Charles Cole Memorial Hospital provides health insurance. Charles Cole Memorial Hospital also provides group life insurance. To help secure a reliable cash source later in life, countless employees participate in employer-sponsored pension plans. Charles Cole Memorial Hospital provides defined benefit pension plans and defined contribution pension plans. A defined benefit pension plan pays retirees a fixed sum when they retire. With a defined contribution retirement plan, companies help workers save and invest for retirement.
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