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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Long-term Disability Insurance
Portland Cement Association provides a few retirement plans and other amenities to promote employee well-being. Like Portland Cement Association workers, many American employees avail themselves of employer-provided health insurance, through which employers typically foot the bill for a considerable portion of their employees' health insurance premiums. These contributions are tax deductible for employers and tax-free for workers. Portland Cement Association provides health, dental, and vision benefits. Portland Cement Association also offers group life insurance and long-term disability insurance. To help secure a steady income stream later in life, a large number of employees depend on employer-financed pension plans. Portland Cement Association provides defined benefit pension plans and defined contribution pension plans. With a defined benefit pension plan, employees are given fixed compensation when they retire. With a defined contribution pension plan, companies help employees save and invest for retirement.
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