YRC Worldwide Inc. Benefits

YRC Worldwide Inc. offers several options for retirement plans and other welfare benefits. Like YRC Worldwide Inc., numerous employers in the United States fund group health plans, through which a significant proportion of each worker's health insurance premium is covered by their employer. These contributions are tax deductible for companies and tax-free for employees. YRC Worldwide Inc. provides health, dental, and vision coverage. YRC Worldwide Inc. also provides group life insurance, short-term disability insurance for accidents or illness, and long-term disability insurance. To help ensure a stable cash source later in life, a large number of employees enroll in employer-financed pension plans. YRC Worldwide Inc. provides defined benefit pension plans and defined contribution pension plans. With a defined benefit pension plan, retirees are provided with predetermined compensation when they retire. With a defined contribution retirement plan, employers help employees save and invest for retirement.