The Mosaic Company Benefits

At The Mosaic Company, they provide several pension and welfare benefits to promote employee well-being. Like The Mosaic Company employees, countless workers in the United States enroll in employer-provided health plans, through which employers typically cover a significant portion of their employees' health insurance premiums. In this arrangement, businesses receive tax deductions for their contributions and employees are provided with the plans tax-free. The Mosaic Company provides health, dental, and vision plans. The Mosaic Company also provides group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. Employer-financed pension plans help to ensure a steady money flow later in life. The Mosaic Company offers defined benefit pension plans and defined contribution pension plans. With a defined benefit retirement plan, retirees collect fixed compensation when they reach retirement. With a defined contribution retirement plan, businesses help employees save and invest for retirement.