Is your cooperative planning to make a design change to its NRECA-sponsored Retirement Security (RS) Plan or 401(k) Pension Plan in the near future? Plan changes are a necessary part of providing competitive benefits to your employees. If you’re thinking[…]
Annual renewals for NRECA group benefit plans for the 2019 plan year are due by 11:59 pm Eastern time on Friday, September 21, 2018. Remember, to ensure your cooperative’s annual benefits renewal is complete you need to: Take action on each of[…]
Business travel accident (BTA) insurance provides an additional layer of insurance protection to cooperative employees while on authorized business travel. This protection is in addition to the NRECA group term life and accidental death & dismemberment (AD&D) insurance program. A[…]
Over the next five years, America’s electric co-ops will hire more than 25,000 employees. To help attract top-tier candidates, NRECA developed the new, easy-to-use Cooperative Career Center – a go-to destination to help your co-op connect with talented prospects and for job seekers to explore[…]
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 shows an adjusted employer rate of 0.000%[…]