Lockheed Martin Corp Benefits

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Most Popular Benefits

Benefit/Perk
Employees
0
2k
401(k)
2,269 employees
Paid Holidays / Vacation
1,342 employees
Flex-Time / Flexible Schedule
1,007 employees
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United States (change)
Paid Sick Leave
961 employees
Education/Training/Tuition/Certification Reimbursement
815 employees
Life Insurance/Disability
771 employees
Casual Dress/Atmosphere
600 employees
Benefits Summary
Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Stock Bonus
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
Temporary Disability Insurance
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
Severance Pay
Lockheed Martin Corp provides several types of pension plans and perks. Like Lockheed Martin Corp, countless American companies fund health plans for their employees, through which companies typically pay a considerable portion of their employees' health insurance premiums. In this setup, businesses collect tax deductions for their contributions and workers are provided with the benefits tax-free. Lockheed Martin Corp provides health, dental, and vision insurance. Lockheed Martin Corp also offers group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. Employer-funded retirement plans help to secure a dependable cash source later in life. Lockheed Martin Corp offers defined benefit pension plans and defined contribution pension plans. Companies with defined benefit retirement plans pay retirees a predetermined amount when they retire. With a defined contribution retirement plan, employers help employees save and invest for retirement.

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