Chapter 79 — SCHOOLS
1,288 sections in this chapter.
Neb. Rev. Stat. § 79-934 Formula annuity retirement allowance; eligibility; formula; payment.
7.5K chars
(1) In lieu of the school retirement allowance provided by section 79-933, any member who is not an employee of a Class V school district and who becomes eligible to make application for and receive a school retirement allowance under section 79-931 may receive a formula annuity …
Neb. Rev. Stat. § 79-935 Retirement; increase in benefits; when applicable.
1.4K chars
No provision of section 79-916, 79-934, 79-958, 79-960, or 79-966 which would result in an increase in benefits that would have been payable prior to July 1, 1984, shall apply to any person until that person has acquired the equivalent of one-half year of service or more as a sch…
Repealed. Laws 1998, LB 1191, § 85.
0.0K chars
[Repealed or reserved.]
Repealed. Laws 1998, LB 1191, § 85.
0.0K chars
[Repealed or reserved.]
Neb. Rev. Stat. § 79-938 Retirement allowance; method of payment; election.
0.4K chars
At any time before the retirement date a member may elect to receive his or her school retirement allowance or disability retirement allowance under any optional form specified in the group annuity contract, if one exists, or under any optional form permitted by the retirement bo…
Neb. Rev. Stat. § 79-939 Retirement system; benefits; paid by retirement board.
0.3K chars
All benefits under the retirement system shall be paid as directed by the retirement board. Except as provided in section 79-916, no member shall receive a retirement benefit from the retirement system covering years for which he or she is being paid a benefit under the Class V S…
Repealed. Laws 2011, LB 509, § 55.
0.0K chars
[Repealed or reserved.]
Neb. Rev. Stat. § 79-941 Total monthly benefit, defined; how computed.
0.4K chars
For purposes of sections 79-941 to 79-946, unless the context otherwise requires, total monthly benefit means the benefit that would have been received under a monthly life annuity with no refund or death benefit option even though a different option, as provided in section 79-93…
Neb. Rev. Stat. § 79-942 Supplemental retirement benefit; how computed.
0.7K chars
For each person who qualifies under sections 79-941 to 79-946, the retirement board shall determine the value of the total monthly benefit being received from the School Employees Retirement System of the State of Nebraska or from the retirement system for Class V districts as pr…
Neb. Rev. Stat. § 79-943 Supplemental retirement benefit; not applicable; when.
0.1K chars
Section 79-942 shall not apply to any retired person who receives a service annuity less than the amount provided in sections 79-933 and 79-938.
Neb. Rev. Stat. § 79-944 Supplemental retirement benefit; receipt by beneficiary.
0.5K chars
If a beneficiary is receiving the annuity provided through the School Employees Retirement System of the State of Nebraska or through the retirement system for Class V districts as provided by the Class V School Employees Retirement Act, the supplemental benefit shall be the bene…
Neb. Rev. Stat. § 79-945 Supplemental retirement benefit; receipt by beneficiary; duration.
0.2K chars
If a retiree eligible for the supplemental benefit under section 79-942 dies subsequent to July 19, 1980, the beneficiary shall be entitled to the supplemental benefit until the expiration of the annuity option selected by the retired member.
Neb. Rev. Stat. § 79-946 Retired Teachers Supplementary Benefits Fund; created; termination.
1.0K chars
(1) The Retired Teachers Supplementary Benefits Fund is created. The fund shall be administered by the retirement board. This fund shall be considered an express obligation of the state. The appropriation for such fund shall be determined by the retirement board as of January 1 o…
Neb. Rev. Stat. § 79-947 Adjusted supplemental retirement benefit; determination; computation; payment; funding.
1.8K chars
(1) Commencing October 1, 1988, the retirement board shall determine an adjusted supplemental retirement benefit to reflect changes in the cost of living and wage levels that have occurred subsequent to the date of retirement for each person who is retired from the School Employe…
Repealed. Laws 2011, LB 509, § 55.
0.0K chars
[Repealed or reserved.]
Repealed. Laws 1999, LB 674, § 12.
0.0K chars
[Repealed or reserved.]
Repealed. Laws 2011, LB 509, § 55.
0.0K chars
[Repealed or reserved.]
Repealed. Laws 2011, LB 509, § 55.
0.0K chars
[Repealed or reserved.]
Repealed. Laws 2011, LB 509, § 55.
0.0K chars
[Repealed or reserved.]
Neb. Rev. Stat. § 79-947.06 Members prior to July 1, 2013; annual benefit adjustment; cost-of-living adjustment calculation method.
6.7K chars
On July 1 of each year, for school employees who became members prior to July 1, 2013: (1) The board shall determine the number of retired members or beneficiaries described in subdivision (4)(b) of this section in the retirement system and an annual benefit adjustment shall be m…
Neb. Rev. Stat. § 79-947.07 Employee who becomes a member on or after July 1, 2013; annual benefit adjustment; cost-of-living adjustment calculation method.
2.1K chars
On July 1 of each year, for school employees who became members on or after July 1, 2013: (1) The board shall determine the number of retired members or beneficiaries in the retirement system and an annual benefit adjustment shall be made by the board for each retired member or b…
Neb. Rev. Stat. § 79-948 Retirement benefits; exemption from taxation and legal process; exception.
0.7K chars
The right of a person to an annuity, an allowance, or any optional benefit under the School Employees Retirement Act, any other right accrued or accruing to any person or persons under such act, the various funds and account created thereby, and all the money, investments, and in…
Neb. Rev. Stat. § 79-949 False or fraudulent actions; prohibited acts; refusal to furnish information; violations; penalties; denial of benefits.
1.1K chars
(1) Any person who, knowing it to be false or fraudulent, presents or causes to be presented a false or fraudulent claim or benefit application, any false or fraudulent proof in support of such a claim or benefit, or false or fraudulent information which would affect a future cla…
Neb. Rev. Stat. § 79-950 Appeal; procedure.
0.6K chars
All acts and decisions of the retirement board shall be subject to review, reversal, modification, or approval by the retirement board, on its own motion or on the complaint of a member, under such rules as the retirement board may prescribe. Any teacher or other person, who deem…
Neb. Rev. Stat. § 79-951 Retirement; disability; conditions; application; medical examination; waiver.
1.5K chars
(1) Any member, disregarding the length of service, may be retired as a result of disability either upon his or her own application or upon the application of his or her employer or any person acting in his or her behalf. Before any member may be so retired, a medical examination…
Neb. Rev. Stat. § 79-952 Retirement; disability; allowance; formula.
0.4K chars
Upon retirement for disability, a member shall receive a disability retirement allowance which shall consist of a savings annuity and a service annuity computed in the manner specified in section 79-933 or, in lieu thereof, the formula annuity computed in the manner specified in …
Neb. Rev. Stat. § 79-953 Retirement; disability; annual medical examination; refusal; effect.
0.9K chars
The retirement board may require any disability beneficiary who has not yet attained the age of sixty-five years to undergo a medical examination once each year. Such an examination shall be made (1) at the place of residence of the beneficiary or other place mutually agreed upon…
Neb. Rev. Stat. § 79-954 Retirement; disability beneficiary; restoration to active service; effect.
0.6K chars
If a disability beneficiary under the age of sixty-five years is restored to active service as a school employee or if the examining physician certifies that the person is no longer disabled for service as a school employee, the disability retirement allowance shall cease. If the…
Neb. Rev. Stat. § 79-955 Termination of membership; accumulated contributions; return.
0.6K chars
(1) Upon termination of employment for any cause other than death or retirement, the retirement board shall, upon the member's request, terminate his or her membership in the retirement system and distribute to such member the member's accumulated contributions in the School Reti…
Neb. Rev. Stat. § 79-956 Death of member before retirement; contributions; how treated; direct transfer to retirement plan; death while performing qualified military service; additional death benefit.
4.3K chars
(1)(a) Except as provided in section 42-1107, if a member dies before the member's retirement date, the member's accumulated contributions shall be paid pursuant to section 79-969. (b) Except for payment to an alternative payee pursuant to a qualified domestic relations order, if…
Neb. Rev. Stat. § 79-957 Termination of employment before retirement date; certified service record; statement of accumulated contributions; termination benefits, when.
1.3K chars
Upon termination of employment for any reason other than death, before qualifying for retirement under section 79-931, the retirement board shall, upon request, issue the member a certified service record and statement of accumulated contributions and retain such member's accumul…
Neb. Rev. Stat. § 79-958 Employee; employer; required deposits and contributions.
4.0K chars
(1)(a) Beginning on September 1, 2012, and prior to July 1, 2025, for the purpose of providing the funds to pay for formula annuities, every employee shall be required to deposit in the School Retirement Fund nine and seventy-eight hundredths of one percent of compensation. (b) B…
Neb. Rev. Stat. § 79-959 Account of member; credit with regular interest.
0.2K chars
The account of each member in the School Retirement Fund shall be credited with regular interest earned monthly, quarterly, semiannually, or annually as the retirement board may direct.
Neb. Rev. Stat. § 79-960 Employer; deduction; remittances; fees; interest charge.
1.4K chars
Every employer shall deduct and withhold an amount pursuant to section 79-958 from the compensation as a school employee of each member on each payroll period after such school employee becomes a member of the retirement system. The employer shall transmit periodically, as direct…
Repealed. Laws 2000, LB 1192, § 28.
0.0K chars
[Repealed or reserved.]
Neb. Rev. Stat. § 79-962 Contract of employment; contents.
0.2K chars
Every contract of employment with a school employee shall specify (1) the contractual period of employment, including the starting and ending dates of the contract, and (2) that it is subject to the provisions of the School Employees Retirement Act.
Neb. Rev. Stat. § 79-963 Executive director; employer and employee; furnish information.
0.5K chars
Every employer and school employee shall send to the executive director of the Nebraska Public Employees Retirement Systems, as specified in section 79-906, upon request and in the manner required by the executive director, such information as he or she may require (1) for the id…
Neb. Rev. Stat. § 79-964 Employer; pay to board; withholding of excess deduction.
0.3K chars
Every employer shall pay to the retirement board the required deposits made by every member in the service of such employer. No employer shall, without the consent of the member, withhold or deduct from any member's compensation on any payroll any amount in excess of the required…
Neb. Rev. Stat. § 79-965 Payment of compensation less required deductions; discharge of claims for service.
0.4K chars
Notwithstanding any other law, rule, or regulation affecting the salary, pay, compensation, or tenure of any member, payment of such salary, pay, or compensation to such member, less the required deductions provided for in the School Employees Retirement Act, shall be a full and …
Neb. Rev. Stat. § 79-966 School Retirement Fund; state contributions, deposits, and transfers; amount; determination; contingent state contribution; how calculated; hearing.
4.9K chars
(1)(a) On the basis of all data in the possession of the retirement board, including such mortality and other tables as are recommended by the actuary engaged by the retirement board and adopted by the retirement board, the retirement board shall annually, on or before July 1, de…
Neb. Rev. Stat. § 79-966.01 School Retirement Fund; annual actuarial valuations; powers and duties.
4.7K chars
(1) Prior to July 1, 2021: (a) Beginning July 1, 2013, and each fiscal year thereafter, the board shall cause an annual actuarial valuation to be performed that will value the plan assets for the year and ascertain the contributions required for such fiscal year. The actuary for …
Neb. Rev. Stat. § 79-967 Board; determine rates of benefits; adjustments; distribution of gains and savings.
0.7K chars
As often as may be necessary, the retirement board shall cause to be made a thorough investigation of the several funds or account of the retirement system for the purpose of determining the rates at which the benefits will be granted. It shall make adjustments in such rates as, …
Neb. Rev. Stat. § 79-968 Retirement system; assets; funds; account; investment.
0.4K chars
All assets of the retirement system shall be credited, according to the purpose for which they are held, to the Expense Fund, to the School Retirement Fund, or to the Contingent Account. Any money in the account or funds available for investment shall be invested by the state inv…
Neb. Rev. Stat. § 79-969 Beneficiary designation; order of priority.
0.7K chars
(1) Except as provided in section 42-1107, in the event of a member's death, the death benefit shall be paid to the following, in order of priority: (a) To the member's surviving designated beneficiary on file with the board; (b) To the spouse married to the member on the member'…
Repealed. Laws 2002, LB 407, § 67.
0.0K chars
[Repealed or reserved.]
Neb. Rev. Stat. § 79-971 Accumulated contributions; use.
0.7K chars
The Nebraska Public Employees Retirement Systems shall keep an accounting of the required deposits from the compensation of members collected to provide savings annuities. The accumulated contributions, plus statutorily required accumulated interest, of a member may be (1) return…
Repealed. Laws 2002, LB 407, § 67.
0.0K chars
[Repealed or reserved.]
Neb. Rev. Stat. § 79-972.01 School Retirement Fund; created; use.
0.6K chars
The School Retirement Fund is created. The required deposits of an employer, the state, and the employees shall be credited to the fund and all savings annuities, service annuities, and formula annuities shall be paid from the fund as provided in the School Employees Retirement A…
Neb. Rev. Stat. § 79-973 Contingent Account; created; use.
1.6K chars
A Contingent Account is created (1) to facilitate the crediting of regular interest on the amounts in the School Retirement Fund, (2) to fund the adjusted supplemental retirement benefit provided by section 79-947, and (3) to provide an account to cover any special requirements o…
Neb. Rev. Stat. § 79-974 Expense Fund; created; use.
0.7K chars
The Expense Fund is created and is the fund to which shall be credited the proportionate share of administration expense transferred from the Contingent Account at the direction of the retirement board. The Expense Fund shall be credited with money from the retirement system asse…