Nebraska § 79-941 Total monthly
benefit, defined; how computed

Nebraska Statutes

§ 79-941 — Total monthly benefit, defined; how computed

Nebraska·Ch. 79 Schools

For purposes of
sections  79-941  to  79-946 , unless the
context otherwise requires, total monthly benefit means the benefit that would
have been received under a monthly life annuity with no refund or death benefit
option even though a different option, as provided in section  79-938 , has
been selected. The total monthly benefit shall be computed as if the person
had retired at age sixty-five or at the actual age of retirement, whichever
is later.

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For purposes of
sections 79-941 to 79-946 , unless the
context otherwise requires, total monthly benefit means the benefit that would
have been received under a monthly life annuity with no refund or death benefit
option even though a different option, as provided in section 79-938 , has
been selected. The total monthly benefit shall be computed as if the person
had retired at age sixty-five or at the actual age of retirement, whichever
is later.

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