If your co-op offers the 401(k) Pension Plan, you’re likely aware that the 401(k) administration transition was successfully completed over Labor Day weekend. This project represents the plan’s strategic relationship with Voya Financial to provide the back-end technology to further enhance the administration of the plan, while NRECA remains the plan sponsor and[…]
CVS Caremark® will send a letter to select NRECA Medical Plan participants this month to highlight the money-saving benefits of using preferred pharmacies in their area. The letter will be sent to plan participants who are not using a preferred[…]
Cooperatives can now submit their annual base salary data to NRECA; the collection period runs through October 9. Submitting your co-op’s data on time will help ensure accurate annual enrollment elections, January billing and Retirement Security Plan benefit estimates and[…]
This weekend will begin the final steps of the 401(k) Pension Plan’s administration transition. To allow for these activities, certain administrative functions will be unavailable on the NRECA Employee Benefits website as well as cooperative and participant 401(k) account information.[…]
In early September, keep an eye out for FutureMe®, Powered by NRECA materials and information surrounding our fourth-quarter theme, Retirement Ready. Retirement readiness is more than being in good financial shape; it includes maintaining physical health, nurturing emotional well-being, building[…]