Have you done your retirement homework?

Each year, NPERS offers seminars to help members understand their retirement plans and prepare for retirement. We strongly encourage all members to take advantage of these seminars, now available both in-person and online!

For more information, visit our seminar pages dedicated to your specific plan.

  • State/County
  • Nebraska School
  • Omaha School

    • LB 645

    On May 6, 2025, Governor Jim Pillen signed LB645 into law which changes contribution rates for the School Employees Retirement System ("the Plan"). The contribution rate for members, employers, and the State of Nebraska will now be dependent on the funded status of the Plan as determined by the independent, third-party actuarial valuation report.

    As of the most recent actuarial valuation report presented to the Board on November 18, 2024, the funded status of the Plan was 99.91%. Therefore, on July 1, 2025, the new contribution rate for employees will be 8.00% and the employer contribution rate will be 8.08%.

    For more information regarding LB 645 click here.

    Annuity Rate Change

    October 1, 2025

    The most recent actuarial study prompted the Public Employees Retirement Board (PERB) to make changes to the Cash Balance Tier 1 and Tier 2 annuity rates. These changes will go into effect on January 1, 2026, and the rate will decrease incrementally each month until December 1st, 2027. At that time, the annuity rate for both Tiers will be 6.75%.

  • Cash Balance Tier One annuity rate is currently 7.75%
  • Cash Balance Tier Two annuity rate is currently 7.00%

    • Dividends for 2024 have been issued to eligible NPERS Cash Balance members. Members who took a distribution of their account 12/31/2024 to 07/01/2025, will either receive a check for the dividend amount or may receive a request for completion of an additional form to process this distribution or rollover.


    Scheduled Events

    Webinar

    Online retirement webinar for
    OSERS PLAN MEMBERS


    12/04/2025
    09:00 am - 12:30 pm CST
    Online

    More Info

    News from NPERS

    NPERS proudly serves 1 in 11 Assets Contributed
    Membership by Plan
    Benefits Distributed Percent that remains Tax Revenue

    *Source: NPERS 2025 Annual Report to the Legislative Retirement Committee