The Bolles School Benefits

The Bolles School provides some retirement and welfare benefits for their employees. Like The Bolles School, numerous businesses in the United States provide health benefits for their employees, through which a large portion of each worker's health insurance premium is paid for by their employer. In this arrangement, businesses receive tax deductions for their contributions and employees receive the insurance tax-free. The Bolles School provides health and dental insurance. The Bolles School also provides group life insurance. To help ensure a steady income source later in life, a large number of workers enroll in employer-financed pension plans. The Bolles School provides defined contribution pension plans. With a defined contribution retirement plan, businesses help workers save and invest for retirement.