President Obama Signs Co-op Pension Bill

2014-04-10T21:36:03-07:00April 10th, 2014|Categories: Pension Reform|Tags: , , |

A bill that increases stability and reduces cost pressures for co-ops in the NRECA Retirement Security Plan is now law. President Obama signed the Cooperative and Small Employer Charity Pension Flexibility Act into law on April 7. The measure passed the House of Representatives by voice vote on March 24, after unanimously passing the Senate on Jan. 28. The law provides a permanent exemption for not-for-profit sponsors of multiple-employer pension plans, like electric co-ops in the RS Plan, from [...]