Menasha Corporation Benefits

At Menasha Corporation, they provide several options for retirement benefits and perks. Numerous workers in the United States, like Menasha Corporation employees, depend on group health plans funded by their employer, through which businesses typically pay a considerable portion of their workers' health insurance premiums. These contributions are tax deductible for businesses and tax-free for employees. Menasha Corporation provides health, dental, and vision plans. Menasha Corporation also offers long-term disability insurance, group life insurance, and death benefits, which cover certain causes of death. Employer-financed retirement plans help to ensure a steady flow of income later in life. Menasha Corporation provides defined benefit pension plans and defined contribution pension plans. Retirees at businesses with defined benefit pension plans are given a fixed sum upon retirement. With a defined contribution retirement plan, employers help workers save and invest for retirement.