If your cooperative offers either the 401(k) Pension Plan or the Retirement Security (RS) Plan, then during the week of June 3, you will receive a Message Center alert directing you to a summary of material modifications (SMM) for each plan you[…]
Looking for ways to encourage your employees to create and maintain healthy habits? A new video and flier highlight how a recent FutureMe challenge helped a cooperative employee make some simple changes that led to meaningful results. In these resources,[…]
CVS CaremarkTM, NRECA’s pharmacy benefit manager, has announced changes to the NRECA Medical Plan’s prescription drug coverage that will take effect July 1, 2024. CVS Caremark continually reviews and updates drugs covered under the plan to help ensure NRECA participants[…]
Beginning May 15, 2024, the CVS CaremarkTM Mail Service Pharmacy will no longer dispense all dosages of the following glucagon-like peptide-1 (GLP-1) medications because of widespread supply issues due to increased demand: Participants who currently have prescriptions on file for[…]
If your cooperative is tax-exempt and you have 401(k) Pension Plan participants who need a true-up employer contribution for 2023, send those true-up contributions to NRECA by May 15, which is the due date (without extension) to file IRS Form[…]