84-1302 State Employees Retirement System; established; operative date; official name; acceptance of contributions. - Nebraska Statutes

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Statutes > Nebraska > Chapter84 > 84-1302

84-1302. State EmployeesRetirement System; established; operative date; official name; acceptanceof contributions.(1) An employees retirementsystem is hereby established for the purpose of providing a retirement annuityor other benefits for employees as provided by the State Employees Retirement Act and sections 84-1332and 84-1333. The retirement system so created shall begin operationJanuary 1, 1964. It shall be known as the State Employees Retirement Systemof the State of Nebraska and by such name shall transact all business andhold all cash and other property as provided in such sections.(2) The retirement system shall not accept as contributionsany money from members or the state except the following:(a) Mandatory contributions established by sections 84-1308and 84-1309;(b) Money that is a repayment of refunded contributions madepursuant to section 84-1322;(c) Contributions for military service credit made pursuantto section 84-1325;(d) Actuarially required contributions pursuant to subdivision(4)(b) of section 84-1319;(e) Trustee-to-trustee transfers pursuant to section 84-1313.01;or(f) Corrections ordered by the board pursuant to section 84-1305.02. SourceLaws 1963, c. 532, § 2, p. 1668; Laws 1991, LB 549, § 61; Laws 2003, LB 451, § 24; Laws 2009, LB188, § 9.

State Codes and Statutes

Statutes > Nebraska > Chapter84 > 84-1302

84-1302. State EmployeesRetirement System; established; operative date; official name; acceptanceof contributions.(1) An employees retirementsystem is hereby established for the purpose of providing a retirement annuityor other benefits for employees as provided by the State Employees Retirement Act and sections 84-1332and 84-1333. The retirement system so created shall begin operationJanuary 1, 1964. It shall be known as the State Employees Retirement Systemof the State of Nebraska and by such name shall transact all business andhold all cash and other property as provided in such sections.(2) The retirement system shall not accept as contributionsany money from members or the state except the following:(a) Mandatory contributions established by sections 84-1308and 84-1309;(b) Money that is a repayment of refunded contributions madepursuant to section 84-1322;(c) Contributions for military service credit made pursuantto section 84-1325;(d) Actuarially required contributions pursuant to subdivision(4)(b) of section 84-1319;(e) Trustee-to-trustee transfers pursuant to section 84-1313.01;or(f) Corrections ordered by the board pursuant to section 84-1305.02. SourceLaws 1963, c. 532, § 2, p. 1668; Laws 1991, LB 549, § 61; Laws 2003, LB 451, § 24; Laws 2009, LB188, § 9.

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State Codes and Statutes

Statutes > Nebraska > Chapter84 > 84-1302

84-1302. State EmployeesRetirement System; established; operative date; official name; acceptanceof contributions.(1) An employees retirementsystem is hereby established for the purpose of providing a retirement annuityor other benefits for employees as provided by the State Employees Retirement Act and sections 84-1332and 84-1333. The retirement system so created shall begin operationJanuary 1, 1964. It shall be known as the State Employees Retirement Systemof the State of Nebraska and by such name shall transact all business andhold all cash and other property as provided in such sections.(2) The retirement system shall not accept as contributionsany money from members or the state except the following:(a) Mandatory contributions established by sections 84-1308and 84-1309;(b) Money that is a repayment of refunded contributions madepursuant to section 84-1322;(c) Contributions for military service credit made pursuantto section 84-1325;(d) Actuarially required contributions pursuant to subdivision(4)(b) of section 84-1319;(e) Trustee-to-trustee transfers pursuant to section 84-1313.01;or(f) Corrections ordered by the board pursuant to section 84-1305.02. SourceLaws 1963, c. 532, § 2, p. 1668; Laws 1991, LB 549, § 61; Laws 2003, LB 451, § 24; Laws 2009, LB188, § 9.