Retirement plans updated

A bill that brings Nebraska’s state-administered retirement plans into compliance with recent federal changes passed July 21.

Sen. Mark Kolterman
Sen. Mark Kolterman

LB1054, introduced by Seward Sen. Mark Kolterman, updates plans within the Nebraska Public Employees Retirement Systems to comply with new provisions under the SECURE Act passed by Congress and signed into law in late 2019.

The bill passed on a 48-0 vote and takes effect immediately.

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