So far this year, we’ve encouraged cooperative employees to Make Your Move and Slash the Sugar during FutureMe challenges. Our final 2023 challenge invites individuals to boost physical fitness in a fun, teams-based competition designed to increase the number of[…]
On July 1, 2022, the cash balance benefit formula was added as an option within the Retirement Security (RS) Plan. The sample qualified domestic relations order (QDRO) templates and procedures have now been updated to reflect the new formula. BAs[…]
NRECA has completed the mid-year update to the interest rate assumptions used to estimate the value of single cash payments (also referred to as lump sums) on Retirement Security (RS) Plan estimates with dates in 2024 and beyond. Interest rates[…]
For cooperatives offering the 125 Plan or a health reimbursement arrangement (HRA) plan in 2024, the sample plan documents, guides and forms you’ll need for the next plan year are now available on the Employee Benefits website. Keep Friday, September[…]
Materials for the 2024 annual enrollment period, which will run from October 16 to November 16, 2023, are now available on the Annual Enrollment page in the BA Guide. Click on the “Educate” link on the page to view them.[…]