Newpage Corporation Benefits

Newpage Corporation offers several types of retirement and welfare benefits to promote employee well-being. Like Newpage Corporation, numerous companies in the United States fund health coverage for their employees, through which businesses typically pay a large percentage of their workers' health insurance premiums. In this setup, employers receive tax deductions for their contributions and employees receive the coverage tax-free. Newpage Corporation offers health, dental, and vision insurance. Newpage Corporation also provides group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. Employer-sponsored retirement plans help to ensure a stable income source later in life. Newpage Corporation provides defined contribution pension plans. With a defined contribution pension plan, employers help workers save and invest for retirement.