Vanguard, the world’s largest mutual investment fund manager, has made enhancements to its comprehensive benefits package which supports over 14,000 employees through significant events in their lives.

The Valley Forge company has introduced additional benefits as a way of saying thanks for the dedication of its employees. The changes cover four key life areas; Education Assistance, Parental Leave, Family Care and Retirement.

Under the new package, employees who have completed an undergraduate or graduate degree can take advantage of a student loan repayment plan which provides $100 a month to loan services for six years.

Vanguard has also significantly boosted its family benefits. New parents are now eligible for six weeks of fully-paid time off which can be taken in increments. New mothers receive 16 weeks and an increased disability benefit.

Not only that, but employees can take two weeks of fully-paid leave to care for ill family members while for retirement, health coverage has been extended for three months after their final day.

“Vanguard’s crew members dedicate their workdays to serving our clients and giving them the best chance for investment success.” said Bill McNabb, Vanguard’s CEO. “We have long been proud of our excellent benefits program and long tenured crew, so it is vitally important that we continue to support them at every life stage they experience during the time they work at Vanguard.”

Check out previous VISTA Today coverage of Vanguard here.