Bill > LB1103

This bill, by amending sections of the Nebraska State Patrol Retirement Act, proposes to increase the mandatory retirement age for Nebraska State Patrol officers from 60 to 65 years old, impacting provisions related to when officers must retire even if they haven't reached their desired retirement age. Additionally, it modifies the rules for Deferred Retirement Option Plans (DROP), which allow eligible officers to continue working for up to five years after they are eligible to retire, with their retirement benefits accumulating in a separate account during that period; specifically, the bill removes a prohibition that prevented officers who became members of the retirement system on or after July 1, 2016, from participating in DROP, thereby allowing them to enroll in the plan under the same conditions as other officers.