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Board hears state legislative update; members flag retirement-contribution bill and omnibus education proposals
Summary
District officials briefed the Ralston board on multiple education bills at the Nebraska Legislature, highlighting LB645 (changes to state retirement contributions for NPERS) and an omnibus education package (LB653) with option-enrollment and other provisions the district said it is monitoring.
Board members and the district's government-relations lead provided an overview of education-related bills pending at the Nebraska unicameral and flagged several measures the district is monitoring.
The retirement contribution bill (LB645) drew particular attention. The presenter said the state's contribution mechanism for NPERS currently results in a fund that is roughly 99.9 percent funded and that LB645 would alter the percentage the state places into the retirement system; the presenter said the change would save the state roughly $83 million in…
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