NRECA’s sole purpose is to serve its member cooperatives. As part of that mission, NRECA has been providing relevant, comprehensive and cost-effective multiple-employer benefit programs to rural electric co-ops for over 70 years. These programs directly support co-op efforts to attract, retain and ultimately reward the skilled workforce that is critical to achieving their missions.

With a strong focus on service excellence, including access to leadership and openness to suggestions from individual co-ops on plan design, features and enhancements, NRECA offers exceptional advantages to co-ops that participate in its benefit programs. Because it is a not-for-profit entity, NRECA operates “at cost” and is able to keep administrative fees comparatively low. And because it specializes in the co-op community, NRECA brings a unique understanding of the needs of its co-ops.

The multiple-employer plan design pools resources and risk with approximately 900 co-ops around the country. Unlike single-employer or multiemployer plans, multiple-employer plans enjoy simplified and less volatile accounting rules. And because NRECA is the plan sponsor, it assumes much of the responsibility and most potential liabilities associated with the plans.

Learn more about NRECA Employee Benefits

*Data reflects assets and activity in the plan through November 30, 2022.
**Funding level is based on the expectation that all actuarial assumptions are met. CSEC funding ratio includes estimated contributions through Sept. 15, 2022; funding ratio excluding contribution receivables for 2022 is 82%.