Statutes, codes, and regulations
Revised Statutes of Nebraska
Chapter 79 - SchoolsArticle 9 - SCHOOL EMPLOYEES RETIREMENT SYSTEMS
EMPLOYEES OF OTHER THAN CLASS V DISTRICT
Section 79-938 - Retirement allowance; method of payment; election

Neb. Rev. Stat. §§ 79-938

Download
PDF
Current with changes through the 2024 First Special Legislative Session
Section 79-938 - Retirement allowance; method of payment; election

At any time before the retirement date a member may elect to receive his or her school retirement allowance or disability retirement allowance under any optional form specified in the group annuity contract, if one exists, or under any optional form permitted by the retirement board, if no group annuity contract exists. Such optional annuity shall be the actuarial equivalent of the normal form of the annuity.

Neb. Rev. Stat. §§ 79-938

Laws 1945, c. 219, § 31, p. 648; R.S.Supp.,1947, § 79-2931; Laws 1949, c. 256, § 464, p. 850; Laws 1951, c. 291, § 5, p. 967; Laws 1967, c. 546, § 8, p. 1806; Laws 1969, c. 735, § 9, p. 2781; R.S.1943, (1994), § 79-1530; Laws 1996, LB 900, § 573.