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Bill

LB 179

Change retirement contribution rates under the Police Officers Retirement Act and optional benefit forms under the Cities of the First Class Firefighters Retirement Act

109th Legislature (2025-2026) Introduced by Stan Clouse and 1 co-sponsor

Overview: Legislative Bill LB 179 relates to changes in retirement contribution rates and optional benefit forms for police officers and firefighters in Nebraska.Purpose and Intent

Provisions/portions of LB461 amended into LB179 by AM592
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Bill Summary · LB 179

Overview: Legislative Bill LB 179 relates to changes in retirement contribution rates and optional benefit forms for police officers and firefighters in Nebraska.

Purpose and Intent: The bill aims to modify the retirement contribution rates and optional benefit forms for police officers and firefighters in Nebraska's first-class cities. The goal is to provide more flexibility and options for these public safety employees as they plan for retirement.

Key Provisions:
- Increases the maximum employee contribution rate for police officers from 16% to 18% of compensation.
- Allows firefighters in first-class cities to elect optional forms of retirement benefits, such as joint and survivor annuities.
- Directs the Public Employees Retirement Board to implement these changes.

Affected Parties and Impacts: The bill would directly impact police officers and firefighters in Nebraska's first-class cities, giving them more control over their retirement contributions and benefit options. This could help attract and retain public safety personnel in these communities.

Procedural and Timeline Considerations: Provisions from Legislative Bill LB 461 have been amended into LB 179 through AM 592. The modified LB 179 bill is currently under consideration by the Nebraska Legislature. If passed, the changes would be implemented by the Public Employees Retirement Board.

Compiled from official sources — confirm details with the bill’s official record.

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