Monmouth College Benefits

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4
401(k)
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Benefits Summary

Retirement & Financial Benefits
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Life Insurance
Accidental Death & Dismemberment Insurance
Vision Insurance
Long-term Disability Insurance
Dental Insurance
Monmouth College workers collect some pension benefits and other amenities. Numerous members of the American workforce, like Monmouth College employees, enroll in group health insurance financed by their employer, through which employers typically cover a large portion of their employees' health insurance premiums. In this system, businesses are provided with tax deductions for their contributions and workers receive the insurance tax-free. Monmouth College offers health, vision, and dental benefits. Monmouth College also provides group life insurance, death benefits, which cover certain causes of death, and long-term disability insurance. To help ensure a reliable stream of cash later in life, numerous employees enroll in employer-provided pension plans. Monmouth College provides defined contribution pension plans. With a defined contribution retirement plan, companies help employees save and invest for retirement.

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