Retirement Systems

Firefighter retirement updates approved

Lawmakers gave final approval Feb. 21 to a measure intended to refine changes approved last session to the retirement contribution rates for certain Nebraska firefighters.

Sen. Mike Jacobson
Sen. Mike Jacobson

Nebraska law classifies cities based on population. First class cities are those with a population between 5,001 and 100,000.

LB108, sponsored by North Platte Sen. Mike Jacobson, corrects a provision in a bill passed last session that changed contribution rates for firefighters and municipalities in first class cities.

Under the bill, beginning March 1, 2025, firefighters in an absolute coverage group — those who contribute to both the state’s firefighter retirement system and Social Security — will contribute 6.5% of their salary if they are employed by a city with more than 60,000 residents that is located in a county with a population of more than 100,000.

A qualifying city will contribute a sum equal to 13% of such firefighter’s salary to the retirement system.

LB108 passed on a vote of 48-0 and takes effect immediately.

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