Norway Savings Bank Benefits

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Most Popular Benefits

Benefit/Perk
Employees
0
6
401(k)
6 employees
Life Insurance/Disability
3 employees
Paid Sick Leave
3 employees
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Education/Training/Tuition/Certification Reimbursement
2 employees
Gym / Health Club / Fitness Membership
2 employees
Paid Holidays / Vacation
2 employees
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Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
Temporary Disability Insurance
Long-term Disability Insurance
At Norway Savings Bank, workers are provided with many options for pension and welfare benefits. Like Norway Savings Bank, a large number of employers in the United States finance health coverage for their employees, through which a sizable proportion of each worker's health insurance premium is paid for by their employer. These contributions are tax deductible for companies and tax-free for employees. Norway Savings Bank provides health, dental, and vision coverage. Norway Savings Bank also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-sponsored retirement plans help to secure a stable stream of cash later in life. Norway Savings Bank provides defined benefit pension plans and defined contribution pension plans. With a defined benefit pension plan, retirees collect fixed payments upon retirement. With a defined contribution pension plan, employers help workers save and invest for retirement.

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