Retirement Systems

Lancaster County retirement match reduced

Senators approved a bill April 2 allowing certain counties containing a city of the first class to reduce the employer’s contribution to the county employees retirement plan.

LB867, introduced by Wilber Sen. Russ Karpisek, affects only Lancaster County and caps the contribution rate at 100 percent of the employee’s contribution for individuals hired after July 1, 2012. The current contribution rate is set in state law as 150 percent of an employee’s contribution.

The bill passed 46-0.

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