Nebraska LB713 amends the School Employees Retirement Act by redefining terms and harmonizing provisions.
Nebraska LB713 modifies the School Employees Retirement Act by updating definitions and harmonizing provisions. It eliminates the definition of prior service and repeals sections 79-902 and 79-930 of the Reissue Revised Statutes of Nebraska. The bill introduces new definitions for terms such as "accumulated contributions," "retirement system," and "school employee." It also outlines conditions under which a member may return to work without incurring a termination of employment and specifies that such work does not accrue service credit.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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