The current issue of Benefits Bulletin is online. Read about: Efforts to assist electric cooperatives through cost-containment measures for 2021 group benefit premiums and Retirement Security Plan base contribution rates, as well as a wrap-up of the Benefits & HR[…]
CVS Caremark™, NRECA’s pharmacy benefit manager, has announced changes to NRECA’s Medical Plan prescription drug coverage that will take effect October 1, 2020. CVS Caremark continually reviews and updates drugs covered under the plan to help ensure NRECA participants have[…]
A new BA Guide page, along with other resources, has been launched to help benefits administrators prepare participants for the timely decisions and actions they will need to make to ensure they have the necessary benefit coverage, including Medicare and[…]
If your cooperative is thinking of adding the Safe Harbor provision to your NRECA-sponsored 401(k) Pension Plan, now is a good time to take action. Safe Harbor is attractive to certain co-ops because with the provision in place, your co-op’s[…]
Annual group benefit plan renewals are due September 25 by midnight, Eastern time. If you need help with your cooperative’s annual renewal, contact your NRECA field representative or the Member Contact Center at 866.673.2299 or contactcenter@nreca.coop. We encourage you to send[…]