Chicago Mercantile Exchange Benefits

At Chicago Mercantile Exchange, they provide several types of retirement savings plans and perks. Like Chicago Mercantile Exchange, countless companies in the United States fund health insurance, through which a significant percentage of each employee's health insurance premium is paid for by their employer. In this setup, employers receive tax deductions for their contributions and employees are provided with the plans tax-free. Chicago Mercantile Exchange offers health, dental, and vision coverage. Chicago Mercantile Exchange 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. To help ensure a steady cash source later in life, numerous workers participate in employer-sponsored pension plans. Chicago Mercantile Exchange provides defined benefit pension plans and defined contribution pension plans. Employers with defined benefit pension plans pay retirees a fixed sum when they retire. With a defined contribution pension plan, employers help workers save and invest for retirement.