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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
At Packaging Corporation of America, employees are given a few retirement and welfare benefits. Countless employers in the United States, like Packaging Corporation of America, fund health benefits, through which employers typically pay a significant portion of their workers' health insurance premiums. In this setup, employers receive tax deductions for their contributions and workers are given the benefits tax-free. Packaging Corporation of America provides vision, health, and dental coverage. Packaging Corporation of America also offers short-term disability insurance for accidents or illness, group life insurance, and long-term disability insurance. To help ensure a steady cash stream later in life, a large number of workers use employer-funded pension plans. Packaging Corporation of America offers defined benefit pension plans and defined contribution pension plans. A defined benefit pension plan pays retirees a fixed sum when they reach retirement. With a defined contribution pension plan, employers help employees save and invest for retirement.
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