Acknowledge Distributing Group SPDs and SMMs this Week

March 1 was the deadline to distribute your cooperative’s 2020 NRECA Group Benefits Program summary plan description (SPD) and summary of material modifications (SMM) documents to plan participants. Remember to complete all outstanding distribution acknowledgements no later than March 15.

Outstanding acknowledgements are listed under the “Documents Requiring Acknowledgement” header on the Group Plan Documents page of the Employee Benefits website. Use the checklist online to guide you through the process.

Reminder Schedule
If your co-op has pending acknowledgements, you will receive periodic reminders to complete the acknowledgement process through the Message Center. The benefits compliance team will begin reaching out individually to benefits administrators at co-ops that still have pending acknowledgements, first via email and then by phone. Email reminders will be sent April 1. In anticipation of this deadline and to keep the plans in compliance, be sure to finish your distribution acknowledgements before March 15. If you have questions as you complete the acknowledgement process, contact the group compliance team at 866.673.2299, option 7, or email us at group.compliance@nreca.coop