February 15 Deadline for 2017 Compliance Questionnaire and W-2 Salary Data

Tomorrow, February 15, is the deadline to send your cooperative’s compliance questionnaire and W-2 salary data to NRECA. The retirement compliance team uses this data to perform nondiscrimination testing that is required to keep your co-op’s plan in compliance. On Monday, February 12, benefits compliance sent a Message Center notification to co-ops with pending questionnaire or W-2 data. The alert mentions the upcoming due date and contains links to the resources they’ll need.

The questionnaire is located on the W-2 Salary Data & Retirement Compliance Questionnaire page of the Employee Benefits website. Send your questionnaire (with attachments, if any) using the secure Message Center. Choose “Retirement Compliance” from in the drop-down menu in the “To” field.

In addition, enter your co-op’s W-2 salary data through the W-2 Salary Submissions section of the Employee Benefits website. Upload a file or, if your data is limited, you can enter it manually. File layouts are included on the W-2 Salary Data and Annual Retirement Compliance Questionnaire page.

If you need help completing the questionnaire or determining what to include with your W-2 data, contact the benefits compliance team at 866.673.2299, option 7, or at pension.compliance@nreca.coop.