On June 27, cooperatives will receive a Message Center notification linking to one or more summary of material modifications (SMMs), dated July 1, 2024, for the NRECA Group Benefits Program plans. The SMM should be distributed to participants no later[…]
If your cooperative offers either the 401(k) Pension Plan or the Retirement Security (RS) Plan, then during the week of June 3, you will receive a Message Center alert directing you to a summary of material modifications (SMM) for each plan you[…]
If your cooperative is tax-exempt and you have 401(k) Pension Plan participants who need a true-up employer contribution for 2023, send those true-up contributions to NRECA by May 15, which is the due date (without extension) to file IRS Form[…]
March 1 was the deadline to distribute 2024 NRECA Group Benefits Program summary plan description (SPD) and summary of material modifications (SMM) documents. The final step in the process is to complete online distribution acknowledgements by March 15. Acknowledgements are[…]
Friday, March 1, is the deadline to distribute your cooperative’s 2024 Group Benefits Program summary plan description (SPD) and summary of material modifications (SMM) documents to plan participants. If you haven’t already, download them from the Group Plan Documents page of the[…]