Your cooperative’s 2022 Group Benefits Program summary plan description (SPD) and summary of material modifications (SMM) documents are now available on the Employee Benefits website. All SPDs and SMMs for plans with special or exception designs will be available by[…]
As the new year begins, your cooperative may be relying more heavily on flexible staff such as independent contractors and part-time, temporary, seasonal, and leased workers. Remember that as of January 1, 2021, part-time employees gained another path to eligibility[…]
Starting in December, your cooperative should have received one or more Message Center notifications directing you to 2022 summary plan description (SPD) and summary of material modification (SMM) documents for the Group Benefits Program. SPDs and SMMs for plans with[…]
The deadline to submit your cooperative’s 2021 compliance questionnaire and W-2 data is February 15, 2022. Your information is used to perform nondiscrimination testing for the NRECA retirement plans, as required by the Internal Revenue Service. Use the W-2 Salary[…]
To prepare for the 2021 nondiscrimination testing cycle, the benefits compliance team will archive all test results from the 2020 plan year after the close of business on January 21, 2022. Test results are available online throughout the year to the primary[…]