CVS Caremark™, NRECA’s pharmacy benefit manager, has announced changes to the NRECA Medical Plan’s prescription drug coverage that will take effect January 1, 2023. CVS Caremark continually reviews and updates drugs covered under the plan to help ensure NRECA participants[…]
Divorce is an emotionally stressful event in the lives of everyone involved, and it is statistically likely that a percentage of employees at most cooperatives will go through a divorce during their career. The Personal Investment & Retirement Consulting (PIRC)[…]
The final deadline for benefits administrators to complete annual enrollment online is 10:59 pm, Central time, tomorrow, November 17, 2022. If you need assistance, NRECA representatives will be available to help you until 7 pm, Central time. Please complete all annual enrollments by[…]
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 2021 summary annual reports (SARs) for the NRECA Group Benefits Program and the 401(k) Pension Plan are now available on the Employee Benefits website. Give the applicable SAR to participants in your cooperative’s plan(s) no later than December 15, 2022. The[…]