Osram Sylvania, Inc. Benefits

At Osram Sylvania, Inc., employees collect many options for retirement plans and other amenities. Numerous American workers, like Osram Sylvania, Inc. workers, participate in employer-funded health coverage, through which employers typically cover a significant percentage of their employees' health insurance premiums. These contributions are tax deductible for companies and tax-free for workers. Osram Sylvania, Inc. provides health, dental, and vision coverage. Osram Sylvania, Inc. 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 dependable cash flow later in life. Osram Sylvania, Inc. offers defined benefit pension plans and defined contribution pension plans. With a defined benefit retirement plan, workers collect predetermined compensation upon retirement. With a defined contribution pension plan, businesses help employees save and invest for retirement.