Cooperatives can now submit their annual base salary data to NRECA. Co-ops that participate in either NRECA’s salary-based group or Retirement Security (RS) Plan benefits should submit their data by October 11. The collection period opened September 3. For instructions[…]
Do your employees have questions about Roth contributions? The next Personal Investment & Retirement Consulting (PIRC) webinar will have answers. Dupree Godwin, a senior planner with the PIRC team, will walk through how Roth and pre-tax contributions to a 401(k)[…]
Starting September 5, cooperatives will receive a Message Center notification when summary of benefits and coverage (SBC) documents are available on the Employee Benefits website. Distribute the SBCs either with your annual enrollment materials or by November 1, 2024 (whichever[…]
Materials for the 2025 annual enrollment period, which runs from October 21 to November 21, 2024, are now available under “Resources” on the Annual Enrollment page in the BA Guide. These materials include a PowerPoint presentation customizable for your cooperative,[…]
CVS CaremarkTM, NRECA’s pharmacy benefits manager, has announced changes to the NRECA Medical Plan’s prescription drug coverage that will take effect October 1, 2024. CVS Caremark continually reviews and updates drugs covered under the plan to help ensure NRECA participants[…]