Phi, Inc. Benefits

At Phi, Inc., they offer a few retirement and welfare benefits. Countless American businesses, like Phi, Inc., provide group health benefits for their employees, through which a large percentage of each worker's health insurance premium is covered by their employer. In this setup, businesses collect tax deductions for their contributions and employees collect the plans tax-free. Phi, Inc. offers health, dental, and vision coverage. Phi, Inc. also provides group life insurance, long-term disability insurance, and death benefits, which cover certain causes of death. To help guarantee a steady cash stream later in life, many employees take advantage of employer-sponsored pension plans. Phi, Inc. provides defined contribution pension plans. With a defined contribution retirement plan, employers help employees save and invest for retirement.