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Retirement & Financial Benefits
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
At Lomanco, workers receive some retirement plans and other amenities. Like Lomanco employees, a large number of members of the American workforce depend on group health insurance sponsored by their employer, through which companies typically foot the bill for a sizable percentage of their workers' health insurance premiums. These contributions are tax deductible for companies and tax-free for workers. Lomanco offers health and dental insurance. Lomanco also offers group life insurance and short-term disability insurance for accidents or illness. To help ensure a stable money stream later in life, a large number of workers avail themselves of employer-funded pension plans. Lomanco provides defined contribution pension plans. With a defined contribution retirement plan, companies help workers save and invest for retirement.
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