Perry Ellis International Benefits

At Perry Ellis International, workers are given several types of retirement and welfare benefits. Many companies in the United States, like Perry Ellis International, fund group health plans for their employees, through which employers typically foot the bill for a significant portion of their employees' health insurance premiums. In this arrangement, employers collect tax deductions for their contributions and workers are given the insurance tax-free. Perry Ellis International offers health, dental, and vision benefits. Perry Ellis International also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. To help ensure a reliable stream of cash later in life, countless employees enroll in employer-funded retirement plans. Perry Ellis International provides defined benefit pension plans and defined contribution pension plans. Companies with defined benefit retirement plans pay retirees a fixed amount when they retire. With a defined contribution retirement plan, businesses help workers save and invest for retirement.