A reminder to those cooperatives that utilize a payroll system to deduct premiums from employees’ paychecks for life insurance premiums: You may need to update those systems to reflect the plan changes for 2021. Depending on your cooperative’s elections and[…]
NRECA processes scheduled payments from the 401(k) Pension Plan on the 22nd of each month, which allows participants to receive their payments by the first of the following month. To accommodate year-end holiday timing, NRECA will be processing scheduled December[…]
The current issue of Benefits Bulletin is online. Read about: Annual enrollment changes and enhancements as well as the benefits relief NRECA has been providing this year for the pandemic and the various natural disasters in Peter Baxter’s Plan Perspective[…]
The online event to change your billing frequency for group benefit plans opens on November 2. If you want to keep your current billing frequency, no action is needed. If you want to change the billing frequency for your group[…]
This Sunday, November 1, you can start enrolling participants in the Cooperative Benefits Administrators (CBA)-administered 125 Plan and health reimbursement arrangement (HRA) plans for 2021. The enrollment period continues through November 30. To start enrollments, go to cooperative.com > BA[…]