Nebraska 2025 2025-2026 Regular Session

Nebraska Legislature Bill LB461 Comm Sub / Analysis

Filed 02/03/2025

                    €
€
One Hundred Ninth Legislature - First Session - 2025
Introducer€s Statement of Intent
LB461
€
Chairperson: Senator Beau Ballard
Committee: Nebraska Retirement Systems
Date of Hearing: February 07, 2025
€
The following constitutes the reasons for this bill and the purposes which are sought to be
accomplished thereby:
LB 461 amends the Cities of the First Class Firefighters Retirement Act to allow retired
firefighters to receive annuity payments on a yearly, monthly, or quarterly basis. Current
statute only allows for a single lump sum payment.
€
Principal Introducer:________________________________
Senator Margo Juarez
- 1 -