Union Tank Car Company Benefits

Union Tank Car Company provides a few pension benefits and other amenities for their workers. Like Union Tank Car Company workers, countless workers in the United States take advantage of health plans sponsored by their employer, through which a significant portion of each worker's health insurance premium is funded by their employer. These contributions are tax deductible for employers and tax-free for employees. Union Tank Car Company provides health, dental, and vision benefits. Union Tank Car Company also offers group life insurance, long-term disability insurance, and death benefits, which cover certain causes of death. To help ensure a steady income flow later in life, numerous employees depend on employer-sponsored retirement plans. Union Tank Car Company offers defined benefit pension plans. With a defined benefit retirement plan, retirees are provided with predetermined payments when they reach retirement.