€
€
€
One Hundred Ninth Legislature - First Session - 2025
Introducer€s Statement of Intent
LB108
€
Chairperson: Senator Beau Ballard
Committee: Nebraska Retirement Systems
Date of Hearing: January 24, 2025
The following constitutes the reasons for this bill and the purposes which are sought to be
accomplished thereby:
LB 108 addresses an oversight in LB 686 which passed in 2024. LB 108 amends €Section 16-1024 of the
Cities of the First Class Firefighters Retirement Act‚ to adjust firefighter and city contribution rates for those
absolute coverage groups‚ in €cities with a population greater than 60,000 located in counties with a population €
greater than 100,000. At this time, only the City of Bellevue and full-time firefighters employed by the City of
Bellevue are affected by the provisions of LB 108. An absolute coverage group‚ is required to contribute to
both the Social Security System and the retirement plan pursuant to the Cities of the First Class Firefighters €
Retirement Plan.‚ LB 108 would correct an inadvertent provision in LB 686 passed €in the 2024 session relating
to the City of Bellevue and its firefighters since both the city and the firefighters are required to contribute 6.2%
to the Social Security System as well as contribute to the Firefighters Retirement Plan as provided in the Cities €
of the First Class Firefighters Retirement Act.‚ €
LB 686, passed in 2024, provides an offset to the contributions required by the €Cities of the First Class
Firefighters Retirement Act‚ equal to the 6.2% paid by the firefighter and the cityƒs 6.2% contribution to Social
Security; LB 686 ensured that all firefighters and cities of the first class contribute the same total amount
towards retirement. LB 108 reinstates the prior contribution rate of 6.5% for firefighters and €13% for cities
with a population greater than 60,000 located in counties with a €population greater than 100,000. LB 108
declares an emergency for immediate €implementation.€
Principal Introducer:________________________________
Senator Mike Jacobson
- 1 -