What are Voluntary Benefits?
(Also know as Supplemental Benefits or Worksite Benefits.) Voluntary benefits allow employers to expand their benefit offerings at no additional cost. These payroll deducted plans are rapidly gaining in popularity and many more employers are making them available to their employees. Voluntary plans reduce the pressure for more company-paid benefits while providing more benefit choices to employees. Policies are paid for through payroll deduction and are owned by the employees. The benefits are portable meaning the employee can continue coverage at the same discounted payroll rates even after leaving the company. Plans can provide family coverage as well.
