Senate OKs Co-op Pension Plan Bill

2014-02-01T01:12:34-08:00February 1st, 2014|Categories: Retirement|Tags: , , |

A bill that prevents unnecessary cost increases and funding volatility for electric cooperatives that participate in the NRECA Retirement Security Plan has unanimously passed the Senate and is headed to the House of Representatives. The Cooperative and Small Employer Charity Pension Flexibility Act, a co-op legislative priority, cleared the Senate on Jan. 28. NRECA and member co-ops have worked hard for the measure, which was authored by Senate Health, Education, Labor, and Pensions Committee Chairman Tom Harkin, D-Iowa, and [...]