Happy Independence Day to all of our co-op members! There will be no July 5 issue of NRECA Employee Benefits Weekly. We will return on July 12. Additionally, NRECA’s offices, including the Member Contact Center, will be closed Tuesday, July 4.
Starting today, June 28, cooperatives will receive one or more notifications through the Message Center on the NRECA Employee Benefits website linking to quarterly summary of material modifications (SMM) documents for the NRECA Group Benefits Program. These SMMs are due[…]
Effective July 1, 2023, the 401(k) Pension Plan’s loan interest rate, which is set quarterly at 1% more than the nation’s prime interest rate, will increase to 9.25%. Things you and your employees should consider about loansIf your cooperative offers[…]
The June issue of Benefits Bulletin is online. Read about: A printed copy of Benefits Bulletin is also being mailed.
There are numerous factors to consider as you contemplate retirement. Social Security is one of them—and it shouldn’t be an afterthought. Noreen Feddis, a planner on the Personal Investment & Retirement Consulting (PIRC) team addresses the inner workings of[…]