This process occurs annually for affected participants. The NRECA Director’s Life and AD&D insurance plan provides coverage for directors, three directors emeritus and one retained attorney, if the cooperative elects. The plan reduces the benefit level annually on January 1[…]
We encourage co-ops to update their records in the normal course of business and to treat everyone equally. We’ve developed a frequently asked questions document on how the United States v. Windsor decision, which repealed Section 3 of the federal Defense of Marriage[…]
The BA Assistant also provides information on other general requirements you must follow when distributing ERISA-required notices. The March 1 deadline for distributing all summary plan description (SPD) and summaries of material modification (SMM) documents for your NRECA group benefit plans is[…]
Use it along with the ACA FAQ to prepare for upcoming ACA requirements. The Affordable Care Act (ACA) Timeline has been updated and is available online. Updates include: Removing the requirement to distribute the Health Insurance Marketplace Notice, or exchange notice, to[…]
NRECA Medical Plan participants can participate in LSC webinars at no additional cost. This month, Life Strategy Counseling (LSC) will offer a free one-hour webinar, titled “Eight Steps to a Healthy Heart,” at 12 pm and 2 pm ET on February 18. Based[…]