Following a delay due to the federal government shutdown, yesterday the IRS finally released the September 2025 interest rates used for calculating Retirement Security (RS) Plan single cash payments for both traditional and cash balance benefits in 2026. As a[…]
NRECA’s offices will be closed Thursday, November 27, and Friday, November 28, in observance of Thanksgiving. And because of the Thanksgiving holiday, there will be no issue of NRECA Employee Benefits Weekly next week. The next issue will be published[…]
Need to change the billing frequency for your cooperative’s group benefits plans for the 2026 plan year? You can change it to monthly, quarterly, semi-annual or annual through the Group Billing Frequency page on the Employee Benefits website by December[…]
MetLife recently corrected an issue that affected its evidence of insurability (EOI) system and prevented “closed due to no action” participant letters from MetLife and benefits administrator messages from NRECA from going out. In cases where a participant requests additional[…]
If your cooperative will offer the 125 Plan and/or health reimbursement arrangement (HRA) plans for 2025, be sure to enroll your employees by November 30, when open enrollment closes. To complete your enrollments, go to the Manage 125 Plan and[…]