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Bill > LB108


NE LB108

Change contributions provisions under the Cities of the First Class Firefighters Retirement Act


summary

Introduced
01/10/2025
In Committee
01/14/2025
Crossed Over
01/31/2025
Passed
02/21/2025
Dead
Signed/Enacted/Adopted
02/26/2025

Introduced Session

109th Legislature

Bill Summary

A BILL FOR AN ACT relating to the Cities of the First Class Firefighters Retirement Act; to amend sections 16-1024 and 16-1025, Revised Statutes Cumulative Supplement, 2024; to change provisions relating to contributions to the retirement system; to repeal the original sections; and to declare an emergency.

AI Summary

This bill modifies the contribution requirements for firefighters and cities of the first class participating in the firefighters retirement system. The bill establishes a graduated contribution schedule for firefighters, increasing their required contributions from 6.5% to 12.7% of their salary over several years (from October 2024 to October 2026). A special provision is created for firefighters in cities with over 60,000 inhabitants in counties with over 100,000 inhabitants, who will contribute 6.5% of their salary beginning March 1, 2025. Similarly, the cities' contribution rates will increase from 13% to 15% over the same period, with a corresponding special provision for cities matching the firefighter-specific criteria. The bill also maintains the existing provisions for cities to "pick up" firefighter contributions for tax purposes and allows firefighters to make voluntary additional contributions to their retirement system. An emergency clause is included, meaning the act will take effect immediately upon passage and approval, and the original sections of the law are repealed to implement these changes.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Approved by Governor on February 25, 2025 (on 02/26/2025)

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