United Technologies Corporation Benefits

At United Technologies Corporation, they offer many retirement plans and other perks to promote employee well-being. Many American employees, like United Technologies Corporation workers, participate in employer-financed health insurance, through which a significant portion of each worker's health insurance premium is paid for by their employer. In this system, businesses are provided with tax deductions for their contributions and workers collect the benefits tax-free. United Technologies Corporation provides health, dental, and vision benefits. United Technologies Corporation also offers group life insurance and long-term disability insurance. To help ensure a reliable money flow later in life, numerous workers rely on employer-sponsored pension plans. United Technologies Corporation provides defined benefit pension plans and defined contribution pension plans. With a defined benefit retirement plan, employees collect fixed compensation when they retire. With a defined contribution pension plan, businesses help employees save and invest for retirement.