2022 summary annual reports (SARs) for the 401(k) Pension Plan and Group Benefits Program will be posted to the Employee Benefits website in November and will be due to participants by mid-December. An article in NRECA Employee Benefits Weekly will[…]
Each year, NRECA invoices each participating cooperative directly for its 401(k) Pension Plan employer-paid expenses. To help co-ops plan for their 2024 expenses, an estimate of this expense is prepared for each co-op by subgroup. An email containing co-op-specific estimates[…]
As we move into the fall, many cooperative employees who are eligible for full or quasi-retirement will be requesting benefit estimates from the Retirement Security (RS) Plan. To ensure timely and accurate completion of these requests, please be aware of[…]
Annual renewals for NRECA group benefit plans for the 2024 plan year are due by 11:59 pm, Eastern time on Friday, September 22, 2023. Remember, to ensure your cooperative’s annual benefits renewal is complete you need to: If you haven’t done so[…]
CVS Caremark®, NRECA’s pharmacy benefit manager, is sending a letter to select NRECA Medical Plan participants* later this month to highlight the money-saving benefits of using Exclusive Choice pharmacies. The letter will be sent to plan participants who are not[…]