Cummins, Inc. Benefits

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Most Popular Benefits

Benefit/Perk
Employees
0
519
401(k)
519 employees
Paid Holidays / Vacation
279 employees
Life Insurance/Disability
228 employees
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United States (change)
Company Pension Plan
208 employees
Education/Training/Tuition/Certification Reimbursement
188 employees
Paid Sick Leave
160 employees
Stock Purchase Plan
125 employees

Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
Severance Pay
Cummins, Inc. offers many options for pension benefits and other perks for their workers. A large number of employers in the United States, like Cummins, Inc., finance health coverage for their employees, through which businesses typically pay a considerable percentage of their workers' health insurance premiums. In this arrangement, companies receive tax deductions for their contributions and employees are provided with the coverage tax-free. Cummins, Inc. provides health, dental, and vision plans. Cummins, Inc. also offers long-term disability insurance, death benefits, which cover certain causes of death, and group life insurance. To help secure a stable source of income later in life, a large number of employees enroll in employer-funded retirement plans. Cummins, Inc. offers defined benefit pension plans and defined contribution pension plans. With a defined benefit pension plan, retirees are provided with fixed compensation upon retirement. With a defined contribution retirement plan, businesses help employees save and invest for retirement.

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