NebraskaRetiring police officers can choose the amount and frequency of payouts
Nebraska’s police pension law allows retiring officers to choose partial payouts, except those whose lifetime pension would be under $25 a month.
What it does
Retiring police officers can choose partial payouts and set their amount and frequency. Officers whose lifetime pension would be under $25 a month must take a lump sum.
Argument forChoosing the amount and frequency of partial payouts could help retiring officers match pension withdrawals to their expenses.
Argument againstChoosing large partial payouts could leave officers with less retirement money available for expenses later in life.
More detail
Retiring officers may receive their retirement value in one lump sum or one or more partial payouts. These options cover retiring police officers under Nebraska’s Police Officers Retirement Act. Officers choose the amount and frequency of partial payouts. Officers whose lifetime pension would be less than $25 a month must receive their retirement value in a lump sum. The law became operative October 1, 2026. Officers choose their pension payment option before retirement.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 17Approved by Governor Jim Pillen on April 14, 2026Became Law
- Apr 10President/Speaker signedPassed 2nd Chamber
- Apr 10Presented to Governor on April 10, 2026To Governor
- Apr 9Passed on Final Reading 49-0-0Passed 1st Chamber
- Vote recorded Passed on Final Reading 49-0-0. Result: pass.Legislature
- Mar 3Placed on Final ReadingMinor
- Feb 20Kauth FA372 withdrawn
- Feb 20Advanced to Enrollment and Review for Engrossment
- Feb 18Placed on Select FileMinor
- Feb 11Advanced to Enrollment and Review Initial
- Vote recorded Advanced to Enrollment and Review Initial. Result: pass.Legislature
- Feb 2Placed on General FileMinor
- Jan 15Notice of hearing for January 30, 2026
- Jan 9Referred to Nebraska Retirement Systems CommitteeMinor
- Jan 8Kauth FA372 filedMinor
- Jan 7Date of introductionIntroduced
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