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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
Parker Mccay provides several types of retirement and welfare benefits for their employees. Like Parker Mccay, countless American companies finance health plans, through which employers typically pay a large portion of their workers' health insurance premiums. These contributions are tax deductible for employers and tax-free for employees. Parker Mccay provides health, dental, and vision plans. Parker Mccay also provides group life insurance, long-term disability insurance, and death benefits, which cover certain causes of death. Employer-financed pension plans help to secure a stable cash flow later in life. Parker Mccay offers defined benefit pension plans and defined contribution pension plans. A defined benefit pension plan pays employees a fixed sum when they reach retirement. With a defined contribution retirement plan, employers help workers save and invest for retirement.
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