§ 84-1318 — Employees; benefits; retirement value; how computed

Nebraska § 84-1318

• Jurisdiction: Nebraska
• Ch. 84: State Officers

Text

The retirement value for any employee who retires under the provisions of section 84-1317 shall be (1) for participants in the defined contribution benefit, the sum of the employee's employee account and employer account as of the date of final account value and (2) for participants in the cash balance benefit, the benefit provided in section 84-1309.02 as of the date of final account value.

Legislative History

Source: Laws 1963, c. 532, § 18, p. 1674; Laws 2002, LB 687, § 26; Laws 2003, LB 451, § 28.