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Retirement & Financial Benefits
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
Piper Plastics Inc. workers collect a few retirement and welfare benefits. Like Piper Plastics Inc. workers, many Americans use group health plans financed by their employer, through which companies typically foot the bill for a significant percentage of their workers' health insurance premiums. In this setup, companies are provided with tax deductions for their contributions and employees receive the benefits tax-free. Piper Plastics Inc. offers health, dental, and vision plans. Piper Plastics Inc. also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. To help guarantee a reliable flow of money later in life, many employees take advantage of employer-funded retirement plans. Piper Plastics Inc. offers defined contribution pension plans. With a defined contribution pension plan, employers help workers save and invest for retirement.
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