# National Rural Electric Cooperative Association

National Rural Electric Cooperative Association is a Pension Fund based in Arlington, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Arlington, United States
- **Region:** North America
- **Address:** 4301 Wilson Blvd, Arlington, VA 22203, United States
- **Founded:** 1939
- **Assets under management:** Undisclosed
- **Website:** nreca.coop
- **LinkedIn:** https://www.linkedin.com/company/nreca

## Regulatory record

- **Reports private funds:** No

## About

Learn about America's electric cooperatives, their trade association NRECA, and how the cooperative business model creates community-focused organizations.

## Sectors

- Infrastructure
- Energy Transition & Renewables

## Offices

- Lincoln, NE, United States

## People

- Jim Matheson — Chief Executive Officer
- Tony Anderson — President of the Board of Directors

## Questions

### Who runs investment decisions at NRECA?

Investment oversight is split between the association's internal investment staff and the board-level Retirement Security Plan committee, which includes general managers and directors from member cooperatives. Jim Matheson, as CEO, holds ultimate executive authority over the association's operations. The committee structure ensures that no single individual controls asset allocation — decisions reflect the consensus governance model of the cooperative network.

### Does NRECA's retirement plan operate as a single-employer or multi-employer plan?

The NRECA Retirement Security Plan is a multi-employer cash balance defined benefit plan. It pools contributions from hundreds of individual electric cooperatives, each of which is a separate legal employer, to achieve economies of scale in administration, risk pooling, and investment management. The plan is not backed by the Pension Benefit Guaranty Corporation, as it falls under a cooperative-specific exemption in ERISA.

### How does NRECA International relate to the retirement plan's investment strategy?

NRECA International is a philanthropic and development arm, not an investment vehicle. It uses grant funding from USAID and other donors, plus contributions from member co-ops and partners like CoBank, to electrify rural communities in developing countries. Its budget is separate from the retirement plan's trust assets and carries no return expectation.

## Related profiles

- [National Research Foundation](https://altss.com/profile/national-research-foundation)
- [National Science Foundation](https://altss.com/profile/national-science-foundation)

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Last updated: 2026-06-03T20:00:00.000Z

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