Unisys Corporation Benefits

Unisys Corporation workers collect several types of pension and welfare benefits. A large number of American businesses, like Unisys Corporation, sponsor group health plans for their employees, through which employers typically foot the bill for a significant portion of their employees' health insurance premiums. In this system, businesses collect tax deductions for their contributions and employees are provided with the benefits tax-free. Unisys Corporation offers health, dental, and vision plans. Unisys Corporation also offers death benefits, which cover certain causes of death, short-term disability insurance for accidents or illness, long-term disability insurance, and group life insurance. Employer-funded retirement plans help to guarantee a stable flow of money later in life. Unisys Corporation offers defined benefit pension plans and defined contribution pension plans. Businesses with defined benefit pension plans pay employees a fixed amount when they reach retirement. With a defined contribution pension plan, businesses help workers save and invest for retirement.