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Paid Holidays / Vacation
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Paid Sick Leave
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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Long-term Disability Insurance
At St. Peter's Hospital, employees receive a few pension and welfare benefits. Like St. Peter's Hospital employees, countless workers in the United States use employer-funded group health coverage, through which employers typically cover a significant portion of their workers' health insurance premiums. These contributions are tax deductible for employers and tax-free for employees. St. Peter's Hospital provides health, dental, and vision benefits. St. Peter's Hospital also provides group life insurance and long-term disability insurance. To help guarantee a steady income stream later in life, a large number of employees use employer-provided pension plans. St. Peter's Hospital offers defined benefit pension plans and defined contribution pension plans. Businesses with defined benefit pension plans pay retirees a fixed amount upon retirement. With a defined contribution retirement plan, companies help employees save and invest for retirement.
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