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Retirement & Financial Benefits
Defined Contribution Pension Plan
Health & Insurance Benefits
Accidental Death & Dismemberment Insurance
Temporary Disability Insurance
Long-term Disability Insurance
At Parsons Corporation, they provide several options for retirement and welfare benefits for their employees. Many Americans, like Parsons Corporation employees, rely on employer-sponsored health coverage, through which a significant portion of each employee's health insurance premium is funded by their employer. These contributions are tax deductible for employers and tax-free for employees. Parsons Corporation provides health, dental, and vision benefits. Parsons Corporation also offers death benefits, which cover certain causes of death, group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. Employer-financed retirement plans help to guarantee a dependable income flow later in life. Parsons Corporation offers defined contribution pension plans. With a defined contribution retirement plan, companies help employees save and invest for retirement.
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