United Technologies Corporation Benefits

At United Technologies Corporation, they provide several pension and welfare benefits. Like United Technologies Corporation workers, many employees in the United States depend on employer-provided health coverage, through which businesses typically foot the bill for a significant portion of their workers' health insurance premiums. In this arrangement, companies collect tax deductions for their contributions and workers collect the coverage tax-free. United Technologies Corporation provides health, dental, and vision insurance. United Technologies Corporation also offers group life insurance and long-term disability insurance. To help secure a dependable flow of income later in life, countless workers depend on employer-funded retirement plans. United Technologies Corporation provides defined benefit pension plans and defined contribution pension plans. With a defined benefit pension plan, retirees are provided with fixed compensation when they reach retirement. With a defined contribution pension plan, businesses help workers save and invest for retirement.