Eligible NRECA Medical Plan participants are encouraged to take the FutureMe survey and let it serve as a guide for their health journey in 2023. The survey is designed to help individuals assess their overall well-being and identify positive steps[…]
The deadline to submit your cooperative’s 2022 compliance questionnaire and W-2 data is Wednesday, February 15—just one week away. NRECA’s benefits compliance team uses this data to perform annual required nondiscrimination testing on the 401(k) Pension Plan. As you prepare[…]
This month, in order to comply with the reporting requirements of the Consolidated Appropriations Act (CAA) of 2021, NRECA will be asking cooperatives participating in its medical plan for a specific piece of data: the dollar amount of NRECA Medical[…]
Wednesday, February 15 is the due date to send your cooperative’s 2022 questionnaire and W-2 salary data. NRECA’s benefits compliance team uses this data to perform annual required nondiscrimination testing on the 401(k) Pension Plan. As you prepare your data,[…]
Because the Retirement Security (RS) Plan—for financial reporting purposes only—is considered a multiemployer plan, participating cooperatives generally need to follow Accounting Standards Update (ASU) 2011-09 when preparing their annual financial statements. The NRECA fact sheet that details ASU 2011-09 financial disclosure requirements[…]