If your cooperative’s NRECA-sponsored 401(k) Pension Plan features the Safe Harbor provision, you should have already received and distributed your 2018 Safe Harbor notice. This notice describes the provisions of your 401(k) Plan so that employees can make educated decisions[…]
While researching information in the 2016 Summary Annual Reports (SARs) for the NRECA-sponsored 401(k) Pension Plan and the NRECA Group Benefits Program, we found one incorrect figure in each previously published SAR. Corrected versions of both the 401(k) Plan SAR[…]
The following modifications to the Retirement Security (RS) Plan will impact individuals requesting benefit projections as well as those individuals who are retiring and may be considering employment at another cooperative that offers the RS Plan. Change in illustration of[…]
NRECA offices will be closed Thursday, November 23, and Friday, November 24. And because of the Thanksgiving holiday, there will be no issue of I&FS Weekly next week. The next issue of I&FS Weekly will be on November 29. We[…]
NRECA processes scheduled payments on the 22nd of each month, which allows participants to receive their payments by the first of the following month. To accommodate the holidays this year, NRECA will be processing scheduled 401(k) Pension Plan payments on[…]