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Retirement & Financial Benefits
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
At Magna Energy Services, workers collect several types of retirement benefits and perks. Like Magna Energy Services, many companies in the United States provide health coverage, through which employers typically cover a sizable portion of their workers' health insurance premiums. These contributions are tax deductible for businesses and tax-free for employees. Magna Energy Services provides health, dental, and vision coverage. Magna Energy Services 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. To help guarantee a stable money flow later in life, many employees depend on employer-financed retirement plans. Magna Energy Services offers defined contribution pension plans. With a defined contribution retirement plan, companies help employees save and invest for retirement.
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