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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Temporary Disability Insurance
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
At MasterCard Worldwide, they offer many options for pension benefits and other perks. Like MasterCard Worldwide workers, a large number of workers in the United States take advantage of group health benefits financed by their employer, through which employers typically cover a considerable proportion of their workers' health insurance premiums. These contributions are tax deductible for employers and tax-free for workers. MasterCard Worldwide provides health, dental, and vision benefits. MasterCard Worldwide also provides 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 dependable cash source later in life. MasterCard Worldwide provides defined benefit pension plans and defined contribution pension plans. Retirees at companies with defined benefit retirement plans are provided with a predetermined sum when they retire. With a defined contribution pension plan, employers help workers save and invest for retirement.
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