Reminder: Timing for Requesting RS Plan Year-end Benefit Estimates

As we first communicated to you in August 2019, many cooperative employees who are eligible for full or quasi-retirement will be requesting benefit estimates (projections) from the Retirement Security (RS)  Plan. As such, benefits administrators should run 2019 estimates on the Employee Benefits website no later than Friday, October 25, 2019.

To help you with employee discussions, NRECA has developed two resources:

• A sample email template that you can use with retirement-eligible employees;
• A flier, Answers You Need: Weighing Your RS Plan Payment Options, which can help participants evaluate their RS Plan benefit options.

RS Plan participants also have access to the Personal Investment & Retirement Consulting (PIRC) team. A PIRC team member can provide personalized education to co-op employees and can be reached via email at pirc@nreca.coop or by phone at 866.673.2299, option 6.

Questions?
We are here to help you. Please contact your field representative for specific questions or concerns. Representatives in NRECA’s Member Contact Center are available Monday through Friday, 7 am – 7 pm, Central time at 866.673.2299 or via email at contactcenter@nreca.coop.