Concordia College Benefits

At Concordia College, they provide a few retirement benefits and other perks. A large number of American employers, like Concordia College, sponsor group health insurance, through which companies typically pay a large percentage of their workers' health insurance premiums. These contributions are tax deductible for businesses and tax-free for workers. Concordia College provides dental, health, and vision plans. Concordia College also provides long-term disability insurance. To help ensure a stable flow of income later in life, a large number of employees avail themselves of employer-funded pension plans. Concordia College provides defined contribution pension plans. With a defined contribution pension plan, employers help employees save and invest for retirement.