As previously announced, the ACH authorization form used to update bank account information related to retirement plan transactions has been discontinued. Beginning November 21, cooperatives will be able to update and manage multiple bank accounts on the NRECA Employee Benefits[…]

Retirement Security (RS) Plan benefits paid as a single cash payment (sometimes referred to as a “lump sum”) are variable year over year, with interest rates playing a large part in determining the value of a participant’s final benefit paid[…]