Bill

LR 98

Interim study to examine issues within the jurisdiction of the Nebraska Retirement Systems Committee

109th Legislature (2025-2026)

Authorizes the Nebraska Retirement Systems Committee to conduct an interim study of issues within its jurisdiction and report findings and recommendations to the Legislature.

Referred to Nebraska Retirement Systems Committee

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Bill Summary · LR 98

Legislative Summary: LR 98 (Interim study to examine issues within the Nebraska Retirement Systems Committee)

Overview

LR 98 is a legislative resolution introduced in the 109th Nebraska Legislature, First Session, on March 28, 2025. The resolution designates the Nebraska Retirement Systems Committee (NRSC) to conduct an interim study of issues within its jurisdiction that may arise during the interim. The committee is to report its findings and any recommendations to the Legislative Council or the Legislature at the conclusion of the study.

Purpose and Intent

To authorize an interim study by the NRSC to examine any issues falling under the committee’s jurisdiction that emerge during the interim period.
To produce a formal report detailing findings and recommendations for consideration by the Legislative Council or Legislature.

Key Provisions

Designation: The Nebraska Retirement Systems Committee is named to conduct the interim study.
Reporting Requirement: Upon completing the study, the NRSC must submit a report of findings and recommendations to the Legislative Council or the Legislature.
Scope: The study covers issues within the NRSC’s jurisdiction that may arise during the interim (no specific topics listed in the resolution itself).

Who/What Is Affected

Affected Entity: The Nebraska Retirement Systems Committee (and by extension, Nebraska's retirement systems policy oversight).
Stakeholders Potentially Impacted: State and local retirement systems, public employees and retirees, and agencies administering retirement programs, given that issues within NRSC jurisdiction may be explored and recommendations issued.

Procedural and Timeline Aspects

Introduction: March 28, 2025.
Initial Referral: Referred to the Executive Board on March 28, 2025.
Subsequent Referral: Referred to the Nebraska Retirement Systems Committee on May 19, 2025.
Interim Nature: The study is to be conducted during the interim between legislative sessions; results to be reported to the Legislative Council or Legislature after completion.

Potential Impact

This resolution does not enact policy changes directly. Instead, it authorizes a structured review of ongoing or emerging issues within the NRSC’s scope.
Outcomes may inform future legislation or administrative actions if the NRSC identifies issues that warrant changes to retirement system governance, funding, benefits, or administration.