Appropriates funds to the Public Employees Retirement Board for fiscal years 2025-26 and 2026-27.
LB645A allocates funds from the School Expense Fund for fiscal years 2025-26 and 2026-27 to the Public Employees Retirement Board. This appropriation aims to support Program 41, as outlined in Legislative Bill 645 from the 109th Legislature, First Session, 2025. Notably, no expenditures for permanent and temporary salaries and per diems for state employees will be made from these funds. The bill declares an emergency, taking effect immediately upon passage.
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