Spirit Airlines, Inc. Benefits

Spirit Airlines, Inc. workers receive many retirement plans and other welfare benefits. A large number of Americans, like Spirit Airlines, Inc. employees, depend on employer-financed health insurance, through which companies typically cover a large proportion of their employees' health insurance premiums. In this arrangement, employers are given tax deductions for their contributions and workers are provided with the insurance tax-free. Spirit Airlines, Inc. provides health, dental, and vision insurance. Spirit Airlines, Inc. also offers group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. To help guarantee a dependable flow of income later in life, many employees use employer-provided retirement plans. Spirit Airlines, Inc. provides defined contribution pension plans. With a defined contribution pension plan, companies help employees save and invest for retirement.