Cooperative employees participating in either the Retirement Security (RS) or 401(k) Pension Plans who are retiring or otherwise separating from service with the co-op have decisions to make with respect to their retirement accounts. Both the RS and 401(k) Plans[…]
Opioid abuse is a national health epidemic, with 115 Americans dying every day from an overdose, according to the Centers for Disease Control and Prevention (CDC). In response, CVS Health has developed an initiative to curb this abuse and limit[…]
Annual benefit statements and the Financial Power RS newsletter for participants in the Retirement Security (RS) Plan will be available next week. Notable elements in the 2018 statements include the following: For the standard RS formula benefits, current and projected[…]
On March 21, 2018, the Federal Reserve raised its benchmark interest rate by .25%. In response, U.S. banks are increasing the prime interest rate to 4.75%. Effective April 1, 2018, the NRECA-sponsored 401(k) Pension Plan’s loan interest rate, which is[…]
Access to Teladoc launched January 1, 2018. Since then, over 7,000 participants have registered for Teladoc services and nearly 2,000 Teladoc consults have occurred. Call back time is averaging only 17 minutes. Teladoc is already proving a useful resource for[…]