In December and January, as you submit 401(k) Pension Plan contributions to NRECA, remember to compare the pay date shown in NRECA’s system to the one in your payroll system. If the dates don’t match, adjust the pay date in NRECA’s system[…]
2025 summary plan description (SPD) and summary of material modifications (SMM) documents for the NRECA Group Benefits Program will be released to the Employee Benefits website starting the week of December 16, 2024. They’re due to current participants and beneficiaries no later[…]
As announced last month, December 15 is the deadline to distribute the 2023 Group Benefits Program and 401(k) Pension Plan summary annual reports (SARs) to plan participants and beneficiaries. Download and distribute a copy right away if you haven’t already done[…]
The retirement compliance questionnaire and resource guide for 2024 are now available on the W-2 Salary Data & Retirement Compliance Questionnaire page of the Employee Benefits website. Also, the prerecorded 2024 Compliance Annual Reporting webinar is available for on-demand viewing to[…]
Last year, the sample qualified domestic relations order (QDRO) templates and procedures for the Retirement Security (RS) Plan were updated to reflect the cash balance benefit formula. Now, the 401(k) Pension Plan sample templates and procedures have been reformatted to[…]