University of Wisconsin Foundation Benefits

University of Wisconsin Foundation employees collect some retirement and welfare benefits. A large number of businesses in the United States, like University of Wisconsin Foundation, sponsor group health insurance, through which companies typically pay a significant proportion of their employees' health insurance premiums. In this system, employers are given tax deductions for their contributions and workers receive the benefits tax-free. University of Wisconsin Foundation provides health and dental insurance. University of Wisconsin Foundation also offers group life insurance, short-term disability insurance for accidents or illness, long-term disability insurance, and death benefits, which cover certain causes of death. Employer-financed pension plans help to ensure a reliable money flow later in life. University of Wisconsin Foundation provides defined contribution pension plans. With a defined contribution pension plan, companies help employees save and invest for retirement.