Three files containing 2023 compliance reminders for NRECA’s benefit plans are now available on the Employee Benefits website. Once imported, this tool adds advance reminders and due dates for the group and retirement plans to your Outlook calendar. All reminders[…]
The Internal Revenue Service has issued the interest rates used to calculate Retirement Security (RS) Plan single cash payments in 2023. Different rates are used depending on when an employee earned benefits within the RS Plan. The GATT rate (30-year[…]
With the January 1 launch of FutureMe approaching, here are some key dates, reminders and resources to keep in mind surrounding NRECA’s enhanced well-being program for 2023. FutureMe survey, prize drawingsParticipants who register on the FutureMe portal and begin taking[…]
December 31 is the deadline to give the following annual notices to employees who participate in the NRECA Medical Plan. You may distribute these at any time, including with annual enrollment materials, but be sure you’ve distributed them before December[…]
Thank you to all cooperatives for completing the July 1 Retirement Security (RS) Plan and 401(k) Pension Plan restatement process. Adoption agreements received in good order by the October 31 deadline that were also processed and countersigned by November 30,[…]