Merrimack College Benefits

Merrimack College offers some retirement plans and other amenities to promote employee well-being. Like Merrimack College workers, many workers in the United States use health insurance provided by their employer, through which a large proportion of each worker's health insurance premium is paid for by their employer. These contributions are tax deductible for businesses and tax-free for workers. Merrimack College provides health, dental, and vision plans. Merrimack College also offers group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-financed retirement plans help to secure a dependable stream of money later in life. Merrimack College provides defined contribution pension plans. With a defined contribution retirement plan, employers help employees save and invest for retirement.