Verizon offers a wide range of benefits for its employees such as pensions, postretirement health care, and life insurance benefit plans. The company's benefit obligations nearly 13.2 billion U.S. dollars in 2023, down from 33.28 billion U.S. dollars in 2014.
Verizon Communications' employee benefit obligations from 2014 to 2023
(in billion U.S. dollars)
Characteristic
Employee benefit obligations in billion U.S. dollars
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Verizon. (January 23, 2024). Verizon Communications' employee benefit obligations from 2014 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1058714/verizon-employee-benefit-obligations/
Verizon. "Verizon Communications' employee benefit obligations from 2014 to 2023 (in billion U.S. dollars)." Chart. January 23, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1058714/verizon-employee-benefit-obligations/
Verizon. (2024). Verizon Communications' employee benefit obligations from 2014 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1058714/verizon-employee-benefit-obligations/
Verizon. "Verizon Communications' Employee Benefit Obligations from 2014 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 23 Jan 2024, https://www.statista.com/statistics/1058714/verizon-employee-benefit-obligations/
Verizon, Verizon Communications' employee benefit obligations from 2014 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1058714/verizon-employee-benefit-obligations/ (last visited December 21, 2024)
Verizon Communications' employee benefit obligations from 2014 to 2023 (in billion U.S. dollars) [Graph], Verizon, January 23, 2024. [Online]. Available: https://www.statista.com/statistics/1058714/verizon-employee-benefit-obligations/