Niagara Falls Memorial Medical Center Benefits

At Niagara Falls Memorial Medical Center, they offer a few retirement and welfare benefits. A large number of employers in the United States, like Niagara Falls Memorial Medical Center, sponsor group health plans, through which a significant portion of each employee's health insurance premium is funded by their employer. In this arrangement, businesses are given tax deductions for their contributions and workers are given the benefits tax-free. Niagara Falls Memorial Medical Center offers health and dental insurance. Niagara Falls Memorial Medical Center 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. Employer-sponsored pension plans help to ensure a steady source of cash later in life. Niagara Falls Memorial Medical Center provides defined contribution pension plans. With a defined contribution pension plan, businesses help employees save and invest for retirement.