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Retirement & Financial Benefits
Defined Contribution Pension Plan
Health & Insurance Benefits
Accidental Death & Dismemberment Insurance
Long-term Disability Insurance
Ultratec workers are provided with a few retirement and welfare benefits. Countless American companies, like Ultratec, fund group health insurance, through which a sizable portion of each employee's health insurance premium is covered by their employer. In this system, employers are provided with tax deductions for their contributions and employees receive the insurance tax-free. Ultratec offers health, dental, and vision coverage. Ultratec also offers group life insurance, death benefits, which cover certain causes of death, and long-term disability insurance. Employer-sponsored pension plans help to ensure a dependable cash source later in life. Ultratec provides defined contribution pension plans. With a defined contribution pension plan, companies help employees save and invest for retirement.
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