Most Popular Benefits
Paid Holidays / Vacation
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Paid Sick Leave
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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
Owens-Illinois Inc. offers many options for pension plans and welfare benefits. Numerous American companies, like Owens-Illinois Inc., sponsor health plans, through which a significant proportion of each employee's health insurance premium is covered by their employer. In this system, employers collect tax deductions for their contributions and employees collect the insurance tax-free. Owens-Illinois Inc. provides health, dental, and vision insurance. Owens-Illinois Inc. 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 pension plans help to ensure a reliable flow of money later in life. Owens-Illinois Inc. offers defined benefit pension plans and defined contribution pension plans. A defined benefit pension plan pays retirees a fixed amount when they retire. With a defined contribution pension plan, businesses help workers save and invest for retirement.
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