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Bill > LB406
NE LB406
NE LB406Change retirement system contribution rates for firefighters of cities of the first class
summary
Introduced
01/12/2023
01/12/2023
In Committee
01/17/2023
01/17/2023
Crossed Over
Passed
Dead
04/18/2024
04/18/2024
Introduced Session
108th Legislature
Bill Summary
A BILL FOR AN ACT relating to retirement; to amend sections 16-1024 and 16-1025, Reissue Revised Statutes of Nebraska; to change retirement system contribution rates for firefighters of cities of the first class; and to repeal the original sections.
AI Summary
This bill proposes to change the retirement system contribution rates for firefighters of cities of the first class in Nebraska. Specifically, it would adjust the contribution rates from firefighters and the cities between October 1, 2023 and October 1, 2025, with further adjustments beginning on October 1, 2025. The bill also includes language around the cities picking up the firefighters' contributions and the treatment of those contributions for federal income tax purposes.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Provisions/portions of LB406 amended into LB686 by AM2984 (on 04/25/2024)
Taxonomy
Labor and Employment
- ‐ Employee Benefits
Local Government
- ‐ Police and Fire
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=49952 | 01/12/2023 |
| Fiscal Note for LB406 | https://nebraskalegislature.gov/FloorDocs/108/PDF/FN/LB406_20230314-130836.pdf | 03/14/2023 |
| Analysis - Statement of Intent | https://nebraskalegislature.gov/FloorDocs/108/PDF/SI/LB406.pdf | 03/14/2023 |
| BillText | https://nebraskalegislature.gov/FloorDocs/108/PDF/Intro/LB406.pdf | 01/12/2023 |
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