During the first week of October, NRECA will implement a new, more secure registration and log-in process for cooperative.com and the Employee Benefits website. The new streamlined process reflects enhanced security protocols designed to better protect sensitive participant benefit data.[…]
Effective October 1, 2019, the NRECA-sponsored 401(k) Pension Plan’s loan interest rate, which is set quarterly at 1% more than the nation’s prime interest rate, will be 6%. Things you and your employees should consider about loansIf your cooperative offers[…]
Did you know: More than one-fourth of U.S. adults experience some type of behavioral health problem in a given year, according to the Centers for Disease Control and Prevention? This could include employees at your cooperative, a family member or[…]
One last reminder—be sure to return any completed documents required for next year’s 125 Plan and/or HRA plans to Cooperative Benefit Administrators by next Friday, September 27. When are new documents needed? If your co-op: Is adopting a new 125[…]
As we first communicated to you in August 2019, many cooperative employees who are eligible for full or quasi-retirement will be requesting benefit estimates (projections) from the Retirement Security (RS) Plan. As such, benefits administrators should run 2019 estimates on[…]