National Rural Electric Cooperative Association (NRECA)

Regulatory, legal, and legislative: nreca provides support services to voting members related to compliance, legal, and regulatory issues. In addition, nreca educates and advocates to members of congress and their staff, federal agencies, and the administration on policy issues impacting nreca voting members and the 42 million consumer-members served by nreca voting members, and keeps our membership involved with the legislative process.

Multiple employer benefit plan administration: nreca provides plan administration services on a cost reimbursable basis to three multiple employer benefit programs in which most nreca voting members can participate. They consist of two retirement programs, the nreca retirement security plan, which is a defined benefit pension plan and is exempt from income tax under irs section 401(a), and the nreca 401(k) pension plan, which is a defined contribution pension plan and is exempt from income tax under irs section 501. These two plans serve more than 60,000 active and retired employees of most nreca voting members. The third plan is the nreca group benefits program, which uses veba trust to provide medical, dental, vision, and disability coverage, and which provides life, ad&d, and business travel accident insurance, to most nreca voting members. This veba trust is exempt from income tax under irc section 501(c)(9).

Consulting, training, and conferences: nreca provides voting members with essential industry specific training as well as director, manager, and employee training; consulting related to the organization and process improvements, and industry and technological changes; and conferences and membership meetings, promoting collaboration and networking.