Annual Base Salary Collection Begins September 1

This year’s collection period of cooperatives’ annual base salary data, also referred to as “November 15 salary data,” runs from September 1 to October 7, 2022.

Salary data is collected from co-ops that participate in NRECA salary-based Group Benefits Program and/or Retirement Security (RS) Plan benefits. This data will affect 2023 billing and is also needed to ensure accurate annual enrollment information for co-ops that offer NRECA’s life insurance and/or disability products.

NRECA is sending an email on August 17 to primary benefits administrators with details on submitting their co-op’s data via the NRECA Employee Benefits website beginning September 1. Co-ops will also be asked to first validate, and update as needed, employees’ job positions before submitting their data.

Learn more on the Annual Base Salaries Information page within the BA Guide.

If you have questions, contact the Member Contact Center at 866.673.2299 or contactcenter@nreca.coop.