On Lok Benefits

At On Lok, they offer some retirement and welfare benefits. Like On Lok, countless businesses in the United States provide health benefits for their employees, through which employers typically pay a sizable portion of their workers' health insurance premiums. In this system, businesses are given tax deductions for their contributions and workers are given the benefits tax-free. On Lok provides health, dental, and vision benefits. On Lok also offers group life insurance, long-term disability insurance, and death benefits, which cover certain causes of death. Employer-funded retirement plans help to ensure a steady money source later in life. On Lok provides defined contribution pension plans. With a defined contribution pension plan, companies help employees save and invest for retirement.