Hitachi America, Ltd. Benefits

At Hitachi America, Ltd., employees are given several options for pension and welfare benefits. Like Hitachi America, Ltd., numerous employers in the United States sponsor group health coverage, through which a significant portion of each worker's health insurance premium is funded by their employer. These contributions are tax deductible for companies and tax-free for employees. Hitachi America, Ltd. offers health, dental, and vision plans. Hitachi America, Ltd. also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-sponsored pension plans help to guarantee a steady source of money later in life. Hitachi America, Ltd. provides defined benefit pension plans and defined contribution pension plans. Employees at businesses with defined benefit pension plans are given a predetermined sum when they reach retirement. With a defined contribution retirement plan, employers help workers save and invest for retirement.