Philip Morris Benefits Package Medical Dental Pension Essay

Philip Morris Benefits Package Medical Dental Pension Essay

… , packages, variety, catering to all age groups should be the main focus for insurance companies. The monthly basis deposits for instance is a good package to encourage the consumers to save for their retirements yet people are not interested. [American Dream or Financial Fantasy, 2003].

“This is a dangerous budget …

… s Intranet. This worksheet and scoring system is roughly based on moneys Best Company Benefits survey. Both were developed in conjunction with international benefits consultation firm Milliman USA.

HEALTH CARE

1. How much do you contribute each month for medical coverage?

SINGLE COVERAGE FAMILY COVERAGE POINTS
No coverage No …

… 59 13

2. How many medical plans can you choose from?

NUMBER OF PLANS POINTS
0 to 1 0
2 1
3 or more 2

3. Does your company:
POINTS
NO YES
Offer a dental plan? 0 0.5
Pay 50% or more of dental plan? 0 0.5
Offer …

… 10
51 to 52 11
Age 50 or younger 12

DEFINED-BENEFIT PENSION PLAN

5. What percentage of final pay does your companys pension plan provide after 20 years of service?

PERCENTAGE OF PAY POINTS
No plan 0
Less than 10% 3
10% to 19% 6
20% to 29 …

Related Essays

Leave a Reply

Your email address will not be published. Required fields are marked *