Washington University Benefits

Washington University workers are given a few pension plans and welfare benefits. Like Washington University workers, a large number of Americans use health plans sponsored by their employer, through which employers typically cover a significant portion of their employees' health insurance premiums. These contributions are tax deductible for businesses and tax-free for employees. Washington University offers health coverage. Employer-sponsored pension plans help to secure a steady stream of income later in life. Washington University provides defined contribution pension plans. With a defined contribution retirement plan, employers help employees save and invest for retirement.