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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Accidental Death & Dismemberment Insurance
Temporary Disability Insurance
Long-term Disability Insurance
Itochu International Inc. offers several options for retirement benefits and welfare benefits to promote employee well-being. A large number of businesses in the United States, like Itochu International Inc., sponsor health plans for their employees, through which employers typically cover a significant portion of their employees' health insurance premiums. In this setup, employers receive tax deductions for their contributions and employees are given the coverage tax-free. Itochu International Inc. offers health, dental, and vision insurance. Itochu International Inc. also provides group life insurance, death benefits, which cover certain causes of death, short-term disability insurance for accidents or illness, and long-term disability insurance. To help secure a dependable income stream later in life, numerous employees depend on employer-funded retirement plans. Itochu International Inc. offers defined benefit pension plans and defined contribution pension plans. With a defined benefit retirement plan, workers are provided with predetermined payments when they reach retirement. With a defined contribution retirement plan, businesses help employees save and invest for retirement.
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