§ 79-901 Act, how cited
§ 79-902 Terms, defined
§ 79-903 Retirement system; established; purpose
§ 79-904 School retirement system; administration; retirement board; powers and duties; rules and regulations
§ 79-904.01 Board; power to adjust contributions and benefits; repayment of benefit; overpayment of benefits; investigatory powers; subpoenas
§ 79-905 Retirement board; duties
§ 79-906 Director; records; contents; employereducation program
§ 79-907 Statement of information; board; powers and duties
§ 79-908 State Treasurer; duties
§ 79-909 Auditor of Public Accounts; annualaudit; report
§ 79-910 Retirement system; membership; separate employment; effect
§ 79-910.01 Retirementsystem; participation
§ 79-911 Retirement system; emeritus member; retirement, when
§ 79-912 Retirement system; employees previously electing nonmembership; election to hold membership; effect
§ 79-913 Retirement system; membership; election of nonmembership; when
§ 79-915 Retirement system; membership; requirements; certain contemplated business transactions regarding retirement system participation; procedures; costs
§ 79-916 Retirement system; membership; member of any other system; transfer of funds; when; Service Annuity Fund; created; use; investment
§ 79-917 New employee;participation in another governmental plan; how treated
§ 79-919 Retirement system; membership; employees of postsecondary schools excluded
§ 79-920 State schoolofficial; department employee; retirement system options
§ 79-921 Retirement system; membership; termination; employer; duty; member; duty; reinstatement; application for restoration of relinquished creditable service; payment required
§ 79-922 Retiree; return to employment; effect; waiver of payments
§ 79-924 Repurchase relinquished creditable service; credit for prior years of service; payment; rules and regulations; election; provisions applicable
§ 79-925 Retirement system; prior member; repayment authorized; limitation
§ 79-926 Retirement system; members; statement of service record; requirements for prior service credit; exception; reemployment; military service; credit; effect
§ 79-927 Service credit; computation
§ 79-928 Board; verify service record
§ 79-929 Board; issue prior service certificate; modification
§ 79-931 Retirement; when; application
§ 79-932 Retirement; deferment of payment; board; duties
§ 79-933 Retirement; member; amount of allowance
§ 79-933.01 Direct rollover; terms, defined; distributee; powers; board; powers
§ 79-933.02 Retirement system; accept payments and rollovers; limitations; board; powers
§ 79-933.03 Contributing member; credit for service in other schools; limitation; procedure; payment
§ 79-933.04 Contributing member; credit for leave of absence; limitation; procedure; payment
§ 79-933.05 Contributingmember; credit for service in other schools; limitation; procedure; payment
§ 79-933.06 Contributingmember; credit for leave of absence; limitation; procedure; payment
§ 79-933.07 Purchase of service credit or repurchase of relinquished creditable service; rules and regulations
§ 79-933.08 Purchase of service credit within twelve months of retirement; agreement authorized
§ 79-933.09 Retirementsystem; accept transfers; limitations; how treated
§ 79-934 Formula annuity retirement allowance; eligibility; formula; payment
§ 79-935 Retirement; increase in benefits; when applicable
§ 79-938 Retirement allowance; method of payment; election
§ 79-939 Retirement system; benefits; paid by retirement board
§ 79-941 Total monthlybenefit, defined; how computed
§ 79-942 Supplementalretirement benefit; how computed
§ 79-943 Supplemental retirement benefit; not applicable; when
§ 79-944 Supplementalretirement benefit; receipt by beneficiary
§ 79-945 Supplemental retirement benefit; receipt by beneficiary; duration
§ 79-946 Retired Teachers Supplementary Benefits Fund; created; termination
§ 79-947 Adjusted supplementalretirement benefit; determination; computation; payment; funding
§ 79-947.06 Members prior to July 1, 2013; annual benefitadjustment; cost-of-living adjustment calculation method
§ 79-947.07 Employee who becomes a member onor after July 1, 2013; annual benefit adjustment; cost-of-living adjustmentcalculation method
§ 79-948 Retirement benefits; exemption from taxation and legal process; exception
§ 79-949 False or fraudulent actions; prohibited acts; refusal to furnish information; violations; penalties; denial of benefits
§ 79-950 Appeal; procedure
§ 79-951 Retirement; disability; conditions; application; medical examination; waiver
§ 79-952 Retirement; disability; allowance; formula
§ 79-953 Retirement; disability; annual medical examination; refusal; effect
§ 79-954 Retirement; disability beneficiary; restoration to active service; effect
§ 79-955 Terminationof membership; accumulated contributions; return
§ 79-956 Death of member before retirement; contributions; how treated; direct transfer to retirement plan; death while performing qualified military service; additional death benefit
§ 79-957 Termination of employment before retirement date; certified service record; statement of accumulated contributions; termination benefits, when
§ 79-958 Employee; employer; required deposits and contributions
§ 79-959 Account of member; credit with regular interest
§ 79-960 Employer; deduction; remittances; fees; interest charge
§ 79-962 Contract ofemployment; contents
§ 79-963 Director; employer and employee; furnish information
§ 79-964 Employer; pay to board; withholding of excess deduction
§ 79-965 Payment of compensation less required deductions; discharge of claims for service
§ 79-966 School Retirement Fund; state deposits; amount; determination; contingent state deposit; how calculated; hearing
§ 79-966.01 School RetirementFund; annual actuarial valuations
§ 79-967 Board; determine rates of benefits; adjustments; distribution of gains and savings
§ 79-968 Retirement system; assets; funds; account; investment
§ 79-969 Beneficiary designation; order of priority
§ 79-971 Accumulated contributions; use
§ 79-972.01 School Retirement Fund; created; use
§ 79-973 Contingent Account; created; use
§ 79-974 Expense Fund; created; use
§ 79-976 Investment services; charges; report;state investment officer; duty
§ 79-977 School district expenditures; not exempt from limitations on spending
§ 79-977.01 Limitation of actions
§ 79-977.02 Retirement system contributions, income, property, and rights; how treated
§ 79-977.03 Termination of system or contributions; effect

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

  • 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
  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • 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.
  • Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
  • 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.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • 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
  • 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.
  • Attorney: shall mean attorney at law. See Nebraska Statutes 49-801
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • 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
  • Company shall: include any corporation, partnership, limited liability company, joint-stock company, joint venture, or association. See Nebraska Statutes 49-801
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • 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
  • Depreciable tangible personal property: shall mean tangible personal property which is used in a trade or business or used for the production of income and which has a determinable life of longer than one year. See Nebraska Statutes 77-119
  • 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.
  • 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.
  • Foreign: when applied to corporations shall include all those created by authority other than that of this state. See Nebraska Statutes 49-801
  • 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
  • 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.
  • High school grades: means all grades above the eighth grade. See Nebraska Statutes 79-101
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • 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
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • 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
  • Nebraska adjusted basis: shall mean the adjusted basis of property as determined under the Internal Revenue Code increased by the total amount allowed under the code for depreciation or amortization or pursuant to an election to expense depreciable property under section 179 of the code. See Nebraska Statutes 77-118
  • Oath: shall include affirmation in all cases in which an affirmation may be substituted for an oath. See Nebraska Statutes 49-801
  • 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.
  • 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.
  • 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
  • Purchase: shall include taking by sale, discount, negotiation, or any other transaction for value creating an interest in property except liens. See Nebraska Statutes 77-122
  • 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.
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • School: means a school under the jurisdiction of a school board authorized by Chapter 79. See Nebraska Statutes 79-101
  • School board: means the governing body of any school district. 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.
  • Subpoena: A command to a witness to appear and give testimony.
  • Sworn: shall include affirmed in all cases in which an affirmation may be substituted for an oath. See Nebraska Statutes 49-801
  • 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
  • Tax situs: means the tax district wherein taxable real property is located or taxable tangible personal property is located for fifty percent or more of the calendar year. See Nebraska Statutes 77-125
  • Taxable property: shall mean any real or tangible personal property subject to tax pursuant to law and not exempt from tax. See Nebraska Statutes 77-121
  • Teacher: means any certified employee who is regularly employed for the instruction of pupils in the public schools. See Nebraska Statutes 79-101
  • Testify: Answer questions in court.
  • 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