If you’re thinking of amending your Retirement Security (RS) Plan or 401(k) Pension Plan early in 2024, contact your NRECA field representative now to start discussing the process and timing. For simple changes, contact NRECA at least 60 days before[…]
Effective October 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 9.50%—a 0.25% increase from last quarter’s rate of 9.25%. Things you and your[…]
The new process for your participants who separate from their jobs or have other distributable events—involving additional support from the Personal Investment & Retirement Consulting (PIRC) team—launches today. As announced earlier this month, the new process involves expanded availability of[…]
Benefits administrators can check or modify who has financial administrator, wellness coordinator or benefits administrator access to your cooperative’s subgroups on the NRECA Employee Benefits website. Haven’t done it in a while? Visit cooperative.com and log in to “My Benefits,”[…]
Community health takes center stage as our fourth-quarter well-being focus. It’s another important component of FutureMe, alongside the Mind & Body and Financial Fitness themes we’ve previously highlighted this year. Cooperative employees can show their “concern for community”—a key co-op[…]