Hitachi America, Ltd. Benefits

Hitachi America, Ltd. provides many options for retirement and welfare benefits to promote employee well-being. Like Hitachi America, Ltd. workers, numerous American employees use employer-funded group health insurance, through which companies typically foot the bill for a considerable portion of their employees' health insurance premiums. In this system, businesses receive tax deductions for their contributions and workers collect the plans tax-free. Hitachi America, Ltd. offers health, dental, and vision insurance. Hitachi America, Ltd. also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. To help ensure a reliable money flow later in life, many employees participate in employer-sponsored pension plans. Hitachi America, Ltd. offers defined benefit pension plans and defined contribution pension plans. With a defined benefit retirement plan, employees collect fixed compensation when they retire. With a defined contribution retirement plan, businesses help workers save and invest for retirement.