Effective March 25th, 2023 administrative fees will be reduced for:
State Defined Contribution Plan- Decrease from 2.0 to 1.0 basis point
County Defined Contribution Plan- Decrease from 4.5 to 3.0 basis points
Deferred Compensation Plan- Decrease from 6.0 to 1.0 basis point
These fees cover a portion of NPERS operating expenses. Plan expenses are evaluated periodically by the Public Employees Retirement Board.
The PERB makes every effort to keep fees low and reasonable for plan members!
Have you done your retirement homework?
Each year NPERS provides seminars to help our members learn about their retirement plans and plan for retirement.
We strongly encourage plan members to take advantage of these seminars, which are now available both in-person and online!
With the passage of LB147, we are currently preparing organizational and technology changes for transfer of administration of the Omaha School Employee Retirement System (OSERS) to NPERS.
This required an operational study and a technology assessment in the interest of preparedness. Adding the OSERS plan will mean that seven plans will be administered by NPERS.
The transfer is slated to occur effective September 1st, 2024.
