Comerica Incorporated Benefits

At Comerica Incorporated, they offer several types of pension benefits and other perks to promote employee well-being. Like Comerica Incorporated, numerous employers in the United States finance health insurance, through which companies typically pay a significant percentage of their workers' health insurance premiums. These contributions are tax deductible for employers and tax-free for workers. Comerica Incorporated offers health, dental, and vision insurance. Comerica Incorporated 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 secure a steady flow of income later in life, numerous workers take advantage of employer-funded pension plans. Comerica Incorporated provides defined benefit pension plans and defined contribution pension plans. Retirees at employers with defined benefit retirement plans collect a fixed sum when they reach retirement. With a defined contribution retirement plan, companies help employees save and invest for retirement.