Oshkosh Corporation Benefits

Oshkosh Corporation offers several types of pension benefits and welfare benefits. Countless American employers, like Oshkosh Corporation, fund group health plans, through which a considerable portion of each worker's health insurance premium is covered by their employer. In this system, employers collect tax deductions for their contributions and employees receive the insurance tax-free. Oshkosh Corporation offers health, dental, and vision plans. Oshkosh Corporation 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-funded pension plans help to guarantee a reliable source of cash later in life. Oshkosh Corporation offers defined benefit pension plans and defined contribution pension plans. Retirees at companies with defined benefit pension plans receive a fixed sum when they retire. With a defined contribution retirement plan, employers help workers save and invest for retirement.