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Code · Nebraska · Chapter 79 — Schools

79-938. Retirement allowance; method of payment; election.

67 words·~1 min read·/ne/chapter-79/79-938

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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.
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