Effective January 1, 2015, medical, prescription drug, dental, vision and dependent life coverage will continue until the last day of the month during which a covered dependent child turns age 26, as required by the Affordable Care Act. For example,[…]
Compliance annual reporting is fast approaching. Each year, cooperatives send their retirement questionnaire and W-2 data for nondiscrimination testing. Join experts from NRECA Benefits Compliance on Wednesday, December 10 at 2 pm ET for the 2014 webinar. During this 90-minute[…]
On Thursday, December 4, 2014, from 2–3:30 pm ET, NRECA will host a webinar entitled “COBRA Administration: An Overview of the Basics.” The COBRA experts at UMR will review the essentials of COBRA administration; this webinar is not about UMR’s[…]
In late October 2014, we notified cooperatives about the amendment of the definition of “spouse” under NRECA’s Group Benefits Program (GBP) to include same-sex spouses when recognized by the state where the co-op is headquartered. This created an opportunity for co-ops[…]
If you want to keep your current billing frequency, no action is needed. If you want to change the billing frequency for your group benefit plans to monthly, quarterly, semi-annual or annual, you can do so online. Go to Administration[…]