Reminder: Use Online Designate Beneficiary Event

Maintaining employee beneficiary information at your cooperative is a key part of ensuring your employees and their families are protected during unexpected life events. As you may recall, last year NRECA launched the new designate beneficiary event on the Employee Benefits website. This event makes beneficiary administration easier than ever for both group and retirement benefit programs.

Benefits administrators can ask the co-op employee to fill out a beneficiary designation form, which is located  under “forms” on the Help & Resources menu of the Employee Benefits website. Benefits administrators can then enter that information by going to the Employee Administration menu and clicking “designate beneficiary.” First locate the employee record you are looking to complete, then enter the beneficiary information. You can also save and return to complete this task if you are unable to finish it in one setting. Once the information is complete, you can print the confirmation page, but be sure to click “confirm” to finish the event. Then ask the employee to sign the printed confirmation page which confirms the information is complete and correct.  Be sure to file it with the employee’s records with the co-op.

For assistance with the online designate beneficiary event or if you have questions about beneficiary designation for your co-op’s benefit programs, please contact NRECA’s Member Contact Center at 866.673.2299. Representatives are available from 7am to 7pm, Central time.