As the final months of 2016 approach, many cooperative employees who are eligible for full or quasi-retirement will be requesting benefit projections from the Retirement Security (RS) Plan. To ensure timely and accurate completion of these requests, please be aware[…]
Because the Retirement Security (RS) Plan continues to operate on an eight-month accelerated billing cycle, employer trust contributions are not invoiced from September through December. During these months, your cooperative’s RS Plan invoice will show an adjusted employer rate of[…]
If your cooperative is planning to offer a CBA-administered 125 Plan and/or a health reimbursement arrangement (HRA) plan in 2017, be sure to put September 30 on your calendar. That’s the deadline for returning completed documents to Cooperative Benefit Administrators[…]
CEOs and benefits administrators should have received their cooperative’s Retirement Security (RS) Plan contribution rate for 2017 by email yesterday, August 9. The new rate will apply for the plan year beginning January 1, 2017, unless your board of directors[…]
Annual renewal for group benefit plans opened this morning, August 10. Rate sheets for 2017 were emailed to the primary benefits administrator at each cooperative. Rates for 2017 also are available online. Go online to process your co-op’s annual renewal for group[…]