The Farmers Bank Benefits

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Most Popular Benefits

Benefit/Perk
Employees
0
5
401(k)
5 employees
Company Pension Plan
3 employees
Paid Holidays / Vacation
3 employees
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United States (change)
Paid Sick Leave
2 employees
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Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Long-term Disability Insurance
The Farmers Bank employees receive a few retirement and welfare benefits. Like The Farmers Bank, many companies in the United States sponsor health benefits, through which a significant proportion of each employee's health insurance premium is paid for by their employer. In this system, companies are provided with tax deductions for their contributions and workers receive the plans tax-free. The Farmers Bank provides health, dental, and vision coverage. The Farmers Bank also provides group life insurance and long-term disability insurance. Employer-funded pension plans help to guarantee a reliable income flow later in life. The Farmers Bank provides defined benefit pension plans and defined contribution pension plans. With a defined benefit retirement plan, workers receive fixed compensation when they reach retirement. With a defined contribution pension plan, employers help employees save and invest for retirement.

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