Nebraska 2023-2024 Regular Session

Nebraska Legislature Bill LB105

Introduced
1/6/23  
Refer
1/10/23  

Caption

Change provisions of public employee retirement plans relating to military service

Impact

The passage of LB105 would result in significant changes to the retirement benefits afforded to public employees with military service. It could potentially lead to an increase in the retirement payouts for these individuals, thus financially benefiting those who have served. This change in policy underscores the state's commitment to honoring military service and may encourage more individuals to pursue careers in public service knowing that their service will be duly recognized and compensated in their retirement plans.

Summary

LB105 seeks to amend provisions related to public employee retirement plans specifically concerning military service. The bill emphasizes the importance of recognizing the service of military personnel by providing them with enhanced benefits within state retirement frameworks. The intention is to ensure that public employees who have served in the military receive equitable treatment in their retirement plans, thereby encouraging a more inclusive approach to public service recognition.

Contention

While LB105 is primarily framed as a means to support military veterans within public employment, there are notable points of contention. Critics may raise concerns about the financial implications of implementing these changes and how they would affect the sustainability of public employee pension funds. Additionally, discussions may emerge regarding the fairness of enhancing benefits for a specific group without addressing broader issues within the retirement system that may affect other public employees. This could lead to debates around equity in public service benefits that could influence the bill's progress.

Companion Bills

No companion bills found.

Previously Filed As

NE LB420

Change provisions relating to the Public Employees Retirement Board

NE LB659

Change provisions relating to the Public Employees Retirement Board

NE LB658

Change provisions relating to the Public Employees Retirement Board

NE LB1365

Change provisions relating to retirement, the Public Employees Retirement Board, the Nebraska Public Employees Retirement Systems, and the State Personnel System

NE LB713

Change provisions of the School Employees Retirement Act

NE LB295

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

NE LB103

Change provisions of the County Employees Retirement Act, the Judges Retirement Act, the Nebraska State Patrol Retirement Act, the School Employees Retirement Act, and the State Employees Retirement Act

NE LB104

Change provisions of the County Employees Retirement Act, the Judges Retirement Act, the School Employees Retirement Act, the Nebraska State Patrol Retirement Act, and the State Employees Retirement Act

NE LB198

Change provisions relating to participation in and implementation of public retirement provisions

NE LB302

Change provisions relating to conflicts of interest by certain officeholders and public employees

Similar Bills

No similar bills found.