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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
At The Provident Bank, they provide many retirement savings plans and amenities. Countless American employers, like The Provident Bank, finance health insurance, through which businesses typically foot the bill for a significant portion of their employees' health insurance premiums. These contributions are tax deductible for companies and tax-free for workers. The Provident Bank provides health, dental, and vision plans. The Provident Bank also offers group life insurance, long-term disability insurance, and death benefits, which cover certain causes of death. Employer-provided retirement plans help to guarantee a dependable stream of money later in life. The Provident Bank provides defined benefit pension plans and defined contribution pension plans. Employers with defined benefit pension plans pay retirees a predetermined amount when they retire. With a defined contribution retirement plan, employers help employees save and invest for retirement.
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