Cummings & Lockwood Benefits

Cummings & Lockwood offers some retirement savings plans and other amenities to promote employee well-being. Like Cummings & Lockwood, many companies in the United States finance health benefits, through which employers typically cover a sizable percentage of their employees' health insurance premiums. These contributions are tax deductible for employers and tax-free for workers. Cummings & Lockwood offers health and dental benefits. Cummings & Lockwood also provides group life insurance and short-term disability insurance for accidents or illness. To help secure a steady source of income later in life, many employees use employer-funded pension plans. Cummings & Lockwood provides defined contribution pension plans. With a defined contribution retirement plan, companies help employees save and invest for retirement.