Nebraska § 84-1613 State Employees Insurance Fund; created; use; investment

Nebraska Statutes

§ 84-1613 — State Employees Insurance Fund; created; use; investment

Nebraska § 84-1613

Ch. 84State Officers

This text of Nebraska § 84-1613 (State Employees Insurance Fund; created; use; investment) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 84-1613 (2026).

Text

The State Employees Insurance Fund is established. The fund shall be administered by the personnel division of the Department of Administrative Services. All funds appropriated to pay the state's share of the cost of the coverages provided by sections  84-1601  to  84-1615  and all payroll deductions made under sections  84-1601  to  84-1615  shall be credited to the fund. The division shall make premium payments to the carrier, carriers, or combinations of carriers selected under section  84-1603  from this fund. The division may also use the fund to make incentive payments to state employees pursuant to section  44-1413 .
Any funds in the State Employees Insurance Fund available for investment shall be invested by the state investment officer pursuant to the Nebraska Capital Expansion Ac

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The State Employees Insurance Fund is established. The fund shall be administered by the personnel division of the Department of Administrative Services. All funds appropriated to pay the state's share of the cost of the coverages provided by sections 84-1601 to 84-1615 and all payroll deductions made under sections 84-1601 to 84-1615 shall be credited to the fund. The division shall make premium payments to the carrier, carriers, or combinations of carriers selected under section 84-1603 from this fund. The division may also use the fund to make incentive payments to state employees pursuant to section 44-1413 .
Any funds in the State Employees Insurance Fund available for investment shall be invested by the state investment officer pursuant to the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act.
On or before October 1, 2001, the State Treasurer shall transfer one million five hundred thousand dollars from the excess state share of life insurance history money of the State Employees Insurance Fund to the Workers' Compensation Claims Revolving Fund.

Legislative History

Source: Laws 1973, LB 516, § 11; Laws 1981, LB 273, § 9; R.S.1943, (1988), § 44-1630; Laws 1989, LB 303, § 6; Laws 1994, LB 1066, § 133; Laws 1996, LB 1252, § 6; Laws 2000, LB 654, § 52; Laws 2001, LB 541, § 7; Laws 2018, LB1119, § 26. Cross References: Nebraska Capital Expansion Act, see section 72-1269. Nebraska State Funds Investment Act, see section 72-1260.