NE LB295

Bill

Change provisions relating to the County Employees Retirement Act, the Judges Retirement Act, the Nebraska State Patrol Retirement Act, the School Employees Retirement Act, the State Employees Retirement Act, the Spousal Pension Rights Act, and the Public Employees Retirement Board

Introduced
01/15/2025

In Committee
01/17/2025

Crossed Over
03/14/2025

Passed
04/25/2025

Dead

Signed/Enacted/Adopted
05/01/2025

Introduced Session

109th Legislature

Bill Summary

A BILL FOR AN ACT relating to retirement; to amend sections 23-2320, 42-1102, 79-902, 79-904.01, 79-915, 79-956, 79-978, 79-9,103, 79-9,106, 79-9,117, 79-9,118, 81-2014, 81-2016, 84-1301, 84-1307, 84-1322, 84-1502, 84-1504, and 84-1511, Reissue Revised Statutes of Nebraska, and sections 4-108, 23-2301, 23-2306, 24-701, 24-703, and 24-703.01, Revised Statutes Cumulative Supplement, 2024; to change provisions relating to certain documents that are required to be maintained by employing state agencies and political subdivisions; to redefine terms and change provisions relating to termination, documents used to demonstrate United States citizenship or lawful presence in the United States, repayment of gross distributions or benefits, cost-of-living adjustments, deadlines for filing forms relating to survivorship annuities, and employee leave for preretirement planning programs under the County Employees Retirement Act, the Judges Retirement Act, the School Employees Retirement Act, the Class V School Employees Retirement Act, the Nebraska State Patrol Retirement Act, and the State Employees Retirement Act; to change a definition in the Spousal Pension Rights Act; to change provisions relating to contributions to the Nebraska Retirement Fund for Judges; to change provisions relating to lump sum payments under the School Employees Retirement Act; to change provisions relating to calling meetings of the Public Employees Retirement Board and paying per diems and expenses for members of the Public Employees Retirement Board; to change provisions relating to demonstrating United States citizenship or lawful presence in the United States for participation in a deferred compensation plan; to prohibit the use of names, logos, and symbols as provided; to harmonize provisions; to provide operative dates; to repeal the original sections; and to declare an emergency.

AI Summary

This bill makes numerous technical amendments to various Nebraska state retirement systems, including the County Employees Retirement Act, Judges Retirement Act, Nebraska State Patrol Retirement Act, School Employees Retirement Act, and State Employees Retirement Act. Key provisions include: updating documentation requirements for citizenship and lawful presence for retirement system participants by expanding acceptable forms of identification (such as adding state-issued motor vehicle learner's permits); modifying provisions related to termination of employment and repayment of benefits, with a new provision allowing the board to waive repayment if an overpayment was inadvertent and repayment would create significant hardship; adjusting preretirement planning program and leave provisions; updating definitions and calculations for retirement benefits; adding restrictions on using retirement system names and logos in financial solicitations; and making various technical corrections across multiple retirement system statutes. The bill includes provisions for different operative dates for different sections, with most sections becoming operative three calendar months after the legislative session's adjournment, and an emergency clause making the act effective immediately upon passage and approval.

Committee Categories

Labor and Employment

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Nebraska Retirement Systems Committee (Unicameral)

Last Action

Provisions/portions of LB420 amended into LB295 by AM404 (on 06/06/2025)

Official Document

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59066

Version:

Document Type	Source Location
State Bill Page	https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59066
BillText	https://nebraskalegislature.gov/FloorDocs/109/PDF/Slip/LB295.pdf
BillText	https://nebraskalegislature.gov/FloorDocs/109/PDF/Final/LB295.pdf
BillText	https://nebraskalegislature.gov/FloorDocs/109/PDF/Engrossed/LB295.pdf
Enrollment and Review ST17	https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/ST17.pdf
Fiscal Note for LB295	https://nebraskalegislature.gov/FloorDocs/109/PDF/FN/LB295_20250410-161007.pdf
Ballard AM797	https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM797.pdf
Enrollment and Review ER30	https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/ER30.pdf
Fiscal Note for LB295	https://nebraskalegislature.gov/FloorDocs/109/PDF/FN/LB295_20250314-115304.pdf
Nebraska Retirement Systems AM404	https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM404.pdf
Analysis - Committee Statement	https://nebraskalegislature.gov/FloorDocs/109/PDF/CS/LB295.pdf
Fiscal Note for LB295	https://nebraskalegislature.gov/FloorDocs/109/PDF/FN/LB295_20250130-111321.pdf
Analysis - Statement of Intent	https://nebraskalegislature.gov/FloorDocs/109/PDF/SI/LB295.pdf
Ballard AM18	https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM18.pdf
BillText	https://nebraskalegislature.gov/FloorDocs/109/PDF/Intro/LB295.pdf

Bill > LB295

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (0)

Other Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary