Each year, NRECA invoices each participating cooperative directly for its 401(k) Pension Plan employer-paid expenses. To help co-ops plan for their 2021 expenses, an estimate of this expense is prepared for each co-op by subgroup. An email containing co-op-specific estimates[…]
A new Fitbit Program Administrator Guide is available for benefits administrators (BAs) wishing to run Fitbit-based challenges for their employees. The guide explains the Fitbit SMART dashboard, provides the forms for requesting a challenge be set up for your cooperative[…]
Annual renewals for NRECA group benefit plans for the 2021 plan year are due by 11:59 pm, Eastern time on Friday, September 25, 2020. Remember, to ensure your cooperative’s annual benefits renewal is complete you need to: Take action on each of[…]
As announced earlier, benefits administrators should run 2020 Retirement Security (RS) Plan estimates—and, for participants who want to compare results for more than one retirement date, 2021 estimates using assumed rates—on the Employee Benefits website as early as possible but[…]
If you’re thinking of amending your NRECA-sponsored Retirement Security (RS) Plan or 401(k) Pension Plan in the near future, contact your NRECA field representative now to start discussing the process. For simple changes, contact NRECA at least 60 days before[…]