Divorce is an emotionally stressful event in the lives of everyone involved, and it is statistically likely that a percentage of employees at most cooperatives will go through a divorce during their career. The Personal Investment & Retirement Consulting (PIRC)[…]

NRECA processes scheduled payments from the 401(k) Pension Plan on the 22nd of each month, which allows participants to receive their payments by the first of the following month. To accommodate year-end holiday timing, NRECA will be processing scheduled December[…]

NRECA prides itself in providing strong member service—modeling itself on the many examples exemplified by our co-op members. We welcome member feedback through many direct channels and want to expand this to obtain immediate caller feedback from plan participants and[…]

As previously announced, the ACH authorization form used to update bank account information related to retirement plan transactions has been discontinued. Beginning November 21, cooperatives will be able to update and manage multiple bank accounts on the NRECA Employee Benefits[…]

Retirement Security (RS) Plan benefits paid as a single cash payment (sometimes referred to as a “lump sum”) are variable year over year, with interest rates playing a large part in determining the value of a participant’s final benefit paid[…]