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NE LB295

Bill

Status

Passed

5/1/2025

Primary Sponsor

Nebraska Retirement Systems Committee

Click for details

Origin

Legislature

109th Legislature

AI Summary

  • Expands acceptable documents for proving U.S. citizenship or lawful presence for retirement system participation to include state-issued driver's licenses, identification cards, and motor vehicle learner's permits, and allows documents with expiration dates extended by DHS/USCIS to remain valid

  • Grants the Public Employees Retirement Board discretion to waive repayment of gross distributions or benefits when the overpayment was inadvertent and repayment would create significant hardship for the member

  • Extends retirement application filing deadlines from 120 days to 270 days prior to the effective date of benefits for School Employees Retirement System members, and extends survivorship annuity election deadlines from 60 days to 90 days after member death for Class V school employees

  • Expands preretirement planning leave benefits for Class V school employees to include up to 16 hours of sessions (previously limited to two programs) and allows electronic sessions accessed within 48 hours to count toward paid leave

  • Prohibits unauthorized use of names, logos, and symbols of the Public Employees Retirement Board and Nebraska retirement systems in financial product solicitations, requiring clear disclosure that solicitors are not affiliated with or sponsored by these entities

Legislative Description

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

Last Action

Provisions/portions of LB420 amended into LB295 by AM404

6/6/2025

Committee Referrals

Nebraska Retirement Systems1/17/2025

Full Bill Text

No bill text available