Annual renewal for group benefit plans opened this morning, August 14. Rate sheets for 2020 were emailed to the primary benefits administrator at each cooperative and rates are also available online. Renewal calculations and other co-op-specific reports for experience-rated co-ops[…]
The summer issue of Benefits Bulletin is online. Read about: Our latest victories in the House of Representatives and how electric cooperatives are well positioned in the Senate to finalize legislation this year to protect co-op retirement plans in Peter[…]
As we move into the Fall of 2019, many cooperative employees who are eligible for full or quasi-retirement will be requesting benefit estimates (projections) from the Retirement Security (RS) Plan. To ensure timely and accurate completion of these requests, please[…]
If your cooperative plans to offer the CBA-administered 125 Plan and/or health reimbursement arrangement (HRA) plan in 2020, keep in mind that completed documents must be returned to Cooperative Benefit Administrators, Inc. (CBA) by Friday, September 27. The sample documents[…]
Before annual renewal opens on August 14, 2019, take a moment to review your current group benefits summary plan description (SPD) documents. For example, make sure the following are listed correctly in your SPDs: Cost-sharing amounts Definition of eligible classes[…]