Fairpoint Communications, Inc. Benefits

At Fairpoint Communications, Inc., employees are provided with several options for pension plans and amenities. Like Fairpoint Communications, Inc., countless employers in the United States fund group health benefits for their employees, through which employers typically cover a sizable percentage of their employees' health insurance premiums. These contributions are tax deductible for businesses and tax-free for employees. Fairpoint Communications, Inc. offers health, dental, and vision coverage. Fairpoint Communications, Inc. also offers group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-sponsored retirement plans help to secure a reliable income stream later in life. Fairpoint Communications, Inc. provides defined benefit pension plans and defined contribution pension plans. A defined benefit pension plan pays workers a predetermined sum when they retire. With a defined contribution pension plan, businesses help employees save and invest for retirement.