The latest enhancement to the NRECA Employee Benefits website is the benefit eligibility status change event. This event is used to notify NRECA when an employee has a change in their employment for the following reasons: Part-time to full-time or[…]
As announced previously, the annual collection period for base salary data closes October 9, 2020. Cooperatives with salary-based benefits should go to the Employee Benefits website’s November 15 Base Salaries event and: First, verify that your employees’ job positions in your co-op’s[…]
2019 Summary Annual Reports (SARs) for the 401(k) Pension Plan and Group Benefits Program will be provided in November for further distribution to plan participants. At that time, NRECA will post the SARs on the Employee Benefits website and will publish[…]
The Department of Labor (DOL) recently released a new rule that allows employers to post retirement plan disclosures on a website or deliver them by email as a default. This new rule creates a “safe harbor” that is designed to[…]
As the COVID-19 pandemic continues, NRECA and our vendor partners are extending certain benefit relief measures. The latest information is noted below as well as on the Employee Benefits website’s COVID-19 Update page for benefits administrators. NRECA’s Medical Plan will[…]