Student debt repayment benefit gains more ground

Published Updated 4 Min Read

Natixis Global Asset Management is offering a new benefit that it hopes will allow more employees to begin saving for retirement instead of spending all of their extra money paying off student loan debt.

The company announced it will pay up to $10,000 of an employee’s student loan debt. Natixis will contribute $5,000 to every full-time employee who has been at Natixis for at least five years and has outstanding federal Stafford or Perkins loans. Eligible employees will also have the opportunity to earn an additional $1,000 each year over the next five years, toward their student loans, if they remain with the company.

Paula Gladych
Freelance writer

Paula Aven Gladych is a contributing writer based in Denver.


For reprint and licensing requests for this article, click here.


More From Employee Benefit News

Sign Up Form

Login Modal Form