Before submitting 401(k) Pension Plan contributions for payrolls in late 2020 and early 2021, remember to compare the pay date shown in NRECA’s system to the one in your payroll system. Usually the dates will match, but if they don’t, adjust the[…]
December 15 is the deadline to distribute the 2019 Group Benefits Program and 401(k) Pension Plan summary annual reports (SARs). If you haven’t distributed the SARs, do so right away. Download yours from the Summary Annual Report page of the Employee[…]
NRECA will launch its new Joint & Spine Surgery Centers of Excellence program January 1, 2021. The program will give NRECA Medical Plan participants access to joint and spine surgical care from renowned Centers of Excellence facilities at multiple locations[…]
Earlier this year, the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law. The provisions of this legislation provide relief for many retirement plan participants, including those in the NRECA-sponsored 401(k) Pension Plan. In-service withdrawalsEligible participants at[…]
The current issue of Benefits Bulletin is online. Read about: The importance of getting an annual flu shot as well as other vaccinations, including the COVID-19 vaccine when it’s available, in Peter Baxter’s Plan Perspective column The newly enhanced Benefit[…]