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Paid Holidays / Vacation
Paid Sick Leave
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Retirement & Financial Benefits
Defined Contribution Pension Plan
Health & Insurance Benefits
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
Cornell University provides some retirement plans and welfare benefits. Like Cornell University, a large number of American employers sponsor group health benefits for their employees, through which a considerable percentage of each employee's health insurance premium is paid for by their employer. In this setup, businesses are given tax deductions for their contributions and employees receive the benefits tax-free. Cornell University provides health, dental, and vision insurance. Cornell University also provides group life insurance, long-term disability insurance, and death benefits, which cover certain causes of death. To help secure a stable flow of cash later in life, countless employees avail themselves of employer-funded retirement plans. Cornell University provides defined contribution pension plans. With a defined contribution retirement plan, businesses help employees save and invest for retirement.
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