The enrollment deadline for coverage with a January 1, 2015, effective date for the Retiree Insurance Solutions program through OneExchange is December 31, 2014. Post-65 retirees, spouses, surviving spouses and Medicare-disabled individuals who are planning to enroll and haven’t taken[…]
Each year, cooperatives must give the following disclosure notices to employees in the NRECA Medical Plan before December 31. Co-ops are responsible for preparing and distributing these notices. Providing them keeps your plans in good compliance standing. Women’s Health and[…]
As a reminder, we sent a priority alert message on Tuesday, December 16 to notify you of the 2015 interest rates that are used to calculate lump sum benefits from the RS Plan and information on a key legislative win[…]
Participants should consider the effect of all distribution options The Internal Revenue Service and Pension Benefit Guaranty Corporation (PBGC) have issued the interest rates used to calculate Retirement Security (RS) Plan lump sum payments for 2015. Different rates are used[…]
Passage of the Continuing Resolution and Omnibus Spending Bill results in positive news for Retirement Security (RS) Plan participants wishing to exercise the service based quasi-retirement feature. The bill includes NRECA-specific legislation (H.R. 5792) that ensures all cooperative employees hired[…]