To prepare for 2022 nondiscrimination testing and for the next retirement plan restatement cycle, after the close of business this Friday, January 20, 2023, the following historical documents will be archived: Retirement plan adoption agreements dated before July 1, 2022[…]
The new year brings newly updated prescription drug benefit materials available on the NRECA Employee Benefits website to reflect previously announced pharmacy benefit changes. The Prescription Drug Price Shopping Guide includes new specialty drug costs for 2023, plus refreshed cost[…]
As of January 1, 2023, Teladoc has expanded its mental health services to include consultations for 13- to 17-year-old dependents of NRECA Medical Plan participants. This age group can now use Teladoc Mental Health for phone and video sessions to[…]
Starting in late December, your cooperative began receiving one or more Message Center notifications directing you to 2023 summary plan description (SPD) and summary of material modification (SMM) documents for the Group Benefits Program. All SPDs and SMMs will be[…]
The final step of the Retirement Security (RS) Plan and 401(k) Pension Plan restatement process is to distribute your cooperative’s restated summary plan descriptions (SPDs) to plan participants. Starting Friday, January 6, restated SPDs (effective July 1, 2022) for the[…]