Land O' Lakes, Inc Benefits

Land O' Lakes, Inc workers are given several options for pension and welfare benefits. Like Land O' Lakes, Inc, numerous companies in the United States sponsor group health benefits for their employees, through which businesses typically foot the bill for a large portion of their employees' health insurance premiums. In this arrangement, companies receive tax deductions for their contributions and workers are provided with the plans tax-free. Land O' Lakes, Inc provides health, dental, and vision plans. Land O' Lakes, Inc also provides group life insurance, long-term disability insurance, and short-term disability insurance for accidents or illness. Employer-provided retirement plans help to guarantee a steady money stream later in life. Land O' Lakes, Inc provides defined benefit pension plans and defined contribution pension plans. Employees at employers with defined benefit pension plans collect a fixed amount when they retire. With a defined contribution pension plan, businesses help employees save and invest for retirement.