Oceanfirst Bank Benefits

At Oceanfirst Bank, employees receive several retirement and welfare benefits. Many American employees, like Oceanfirst Bank employees, avail themselves of employer-sponsored health insurance, through which a sizable portion of each employee's health insurance premium is paid for by their employer. In this arrangement, employers collect tax deductions for their contributions and workers are given the coverage tax-free. Oceanfirst Bank provides health, dental, and vision benefits. Oceanfirst Bank 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 steady source of income later in life. Oceanfirst Bank offers defined contribution pension plans. With a defined contribution retirement plan, employers help employees save and invest for retirement.