§ 79-978 Terms, defined
§ 79-978.01 Act, how cited
§ 79-979 Class V school district; employees’ retirement system; established
§ 79-980 Employees retirement system; administration; board of trustees; members; terms; vacancy; expenses; liability
§ 79-981 Employees retirement system; board of trustees; rules and regulations; administrator; employees compensation; records required
§ 79-982 Employees retirement system; board of trustees; meetings; duties
§ 79-982.01 Employees retirement system; board of trustees; duties
§ 79-982.02 Employees retirement system; investment of assets; board of trustees; duties; plan for transition of investment authority; contents; costs, fees, and expenses; state investment officer; report
§ 79-983 Employees retirement system; administrator; appointment; retirement system staff
§ 79-984 Employees retirement system; actuary; duties
§ 79-985 Employees retirement system; legal advisor
§ 79-986 Employees retirement system; school district as treasurer; when; duties; State Treasurer as treasurer; when; duties
§ 79-987 Employees retirement system; audits; cost; report
§ 79-988 Employees retirement system; membership; separate employment; effect
§ 79-989 Employees retirement system; board of education; records available; information not considered public record
§ 79-990 Employees retirement system; time served in armed forces or on leave of absence; resignation for maternity purposes; effect
§ 79-991 Employees retirement system; member; prior service credit; how obtained
§ 79-992 Employees retirement system; termination of employment; refunds; reemployment
§ 79-992.01 Termination of employment; employer; duties; member; duties
§ 79-992.02 False or fraudulent claim or benefit application; prohibited acts; penalty
§ 79-993 Reemployment; repay contributions; limitation; effect
§ 79-994 Employee of another school district; contribution; limitation; effect
§ 79-995 Reemployment; military service; leave of absence; contribution; limitation; effect
§ 79-996 Contributions; how paid
§ 79-997 Employee of educational service unit; contribution; limitation; effect
§ 79-998 Additional service credits; accept payments and rollovers; limitations; how treated; tax consequences; direct transfer to retirement plan
§ 79-999 Employees retirement system; annuity; how credited
§ 79-9,100 Employees retirement system; formula retirement annuity; computation
§ 79-9,100.01 Employees retirement system; annuity reductions; when; computation
§ 79-9,101 Employees retirement system; annuity; election; remaining payments
§ 79-9,102 Employees retirement system; annuity or other benefit; limitations
§ 79-9,103 Annuity payment; cost-of-living adjustments; additional adjustments
§ 79-9,104 Employees retirement system; annuities; benefits; exempt from claims of creditors; exceptions
§ 79-9,105 Employees retirement system; member; disability; benefits
§ 79-9,106 Employees retirement system; member; death; effect; survivorship annuity; amount; direct transfer to retirement plan; death while performing qualified military service; additional death benefit
§ 79-9,107 Employees retirement system; funds; investment; violations; penalty
§ 79-9,108 Employees retirement system; funds; investment
§ 79-9,109 Employees retirement system; investments; default of principal or interest; trustees; powers and duties
§ 79-9,110 Employees retirement system; investments; mortgages on real property, when
§ 79-9,111 Employees retirement system; investments; board of trustees; powers and duties; state investment officer; powers and duties
§ 79-9,113 Employees retirement system; federal Social Security Act; state retirement plan; how affected; required contributions; payment; membership service annuity; computations
§ 79-9,114 Employees retirement system; federal Social Security Act; agreement; coverage group
§ 79-9,115 Employees retirement system; Class V School Employees Retirement Fund; created; use; expenses; payment
§ 79-9,116 Applicability of sections
§ 79-9,117 Board of trustees; establish preretirement planning program; for whom; required information; funding; attendance; fee
§ 79-9,118 Participation in retirement system;qualification
§ 79-9,119 Beneficiary designation; order of priority
§ 79-9,120 Legislative intent
§ 79-9,121 Work plan for transfer of management and actuarial services; contents; access to records, documents, data, or other information; report; billing for work
§ 79-9,122 Class V School Employees Retirement System Management Work Plan Fund; created; use; investment
§ 79-9,123 Work plan; billing for work; payment

Terms Used In Nebraska Statutes > Chapter 79 > Class V School Employees Retirement Act

  • Acquire: when used in connection with a grant of power or property right to any person shall include the purchase, grant, gift, devise, bequest, and obtaining by eminent domain. See Nebraska Statutes 49-801
  • Action: shall include any proceeding in any court of this state. See Nebraska Statutes 49-801
  • Administrator: means any certified employee such as superintendent, assistant superintendent, principal, assistant principal, school nurse, or other supervisory or administrative personnel who do not have as a primary duty the instruction of pupils in the public schools. See Nebraska Statutes 79-101
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Amortization: Paying off a loan by regular installments.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appraisal: A determination of property value.
  • Assessment: means the act of listing the description of all real property and taxable tangible personal property, determining its taxability, determining its taxable value, and placing it on the assessment roll. See Nebraska Statutes 77-126
  • Assessment roll: means a complete and verified list of all real property and the taxable tangible personal property in a county and the associated assessments as defined in section 77-126 . See Nebraska Statutes 77-129
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Company: shall include any corporation, partnership, limited liability company, joint-stock company, joint venture, or association. See Nebraska Statutes 49-801
  • Continuance: Putting off of a hearing ot trial until a later time.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • County assessor: includes an elected or appointed county assessor or a county clerk who is an ex officio county assessor. See Nebraska Statutes 77-115
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Domestic: when applied to corporations shall mean all those created by authority of this state. See Nebraska Statutes 49-801
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Ex officio: Literally, by virtue of one's office.
  • Executor: A male person named in a will to carry out the decedent
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fraud: Intentional deception resulting in injury to another.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • Month: shall mean calendar month. See Nebraska Statutes 49-801
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Parcel: means a contiguous tract of land determined by its boundaries, under the same ownership, and in the same tax district and section. See Nebraska Statutes 77-132
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: shall include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801
  • Person shall: include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801
  • Personal property: All property that is not real property.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Process: shall mean a summons, subpoena, or notice to appear issued out of a court in the course of judicial proceedings. See Nebraska Statutes 49-801
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • School: means a school under the jurisdiction of a school board authorized by Chapter 79. See Nebraska Statutes 79-101
  • School district: means the territory under the jurisdiction of a single school board authorized by Chapter 79. See Nebraska Statutes 79-101
  • School year: means (a) for elementary grades other than kindergarten, the time equivalent to at least one thousand thirty-two instructional hours and (b) for high school grades, the time equivalent to at least one thousand eighty instructional hours. See Nebraska Statutes 79-101
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801
  • Statute: A law passed by a legislature.
  • Tax district: means an area within a county in which all of the taxable property is subject to property taxes at the same consolidated property tax rate. See Nebraska Statutes 77-127
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trustee: A person or institution holding and administering property in trust.
  • United States: shall include territories, outlying possessions, and the District of Columbia. See Nebraska Statutes 49-801
  • Year: shall mean calendar year. See Nebraska Statutes 49-801