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[…]
Join your colleagues from cooperatives across the country for the 2023 Basic Benefits Training Course (BBTC) May 9–11 in Arlington, Virginia. We’re excited to offer the 2023 BBTC in-person once again! This foundational training program brings together co-op benefits professionals[…]
With the new year underway, here are two ways to help motivate your employees to keep physically fit in 2023: the Make Your Move challenge and an Active&Fit Direct™ fee discount. Make Your Move challengeNRECA’s first FutureMe challenge this year[…]