Committee reviews LB820 to consolidate NPERS rules, clear transfer language and allow future Roth option
LB820, introduced as a committee cleanup bill, would consolidate ID-document language across retirement plans, change the NPERS director title to executive director, clarify state contribution language for school and OSERS plans, add tax-treatment language to permit Roth-designated deferred-compensation accounts if implemented, and repeal obsolete OSERS interim-governance provisions.
Nebraska's LB820 is set to streamline retirement plan rules and introduce a game-changing Roth option for deferred compensation—could this reshape the future of employee benefits?
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