TEC Equipment Inc Benefits

TEC Equipment Inc offers a few retirement and welfare benefits to promote employee well-being. Like TEC Equipment Inc, a large number of American employers fund health plans, through which companies typically cover a considerable proportion of their workers' health insurance premiums. In this setup, employers are given tax deductions for their contributions and workers are given the benefits tax-free. TEC Equipment Inc provides health, dental, and vision plans. TEC Equipment Inc also offers group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. To help secure a reliable money flow later in life, countless workers participate in employer-sponsored retirement plans. TEC Equipment Inc offers defined contribution pension plans. With a defined contribution pension plan, employers help employees save and invest for retirement.