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Code · Nebraska · Chapter 79 — Schools

79-948. Retirement benefits; exemption from taxation and legal process; exception.

112 words·~1 min read·/ne/chapter-79/79-948

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

The right of a person to an annuity, an allowance, or any optional benefit under the School Employees Retirement Act, any other right accrued or accruing to any person or persons under such act, the various funds and account created thereby, and all the money, investments, and income thereof shall be exempt from any state, county, municipal, or other local tax, shall not be subject to execution, garnishment, attachment, the operation of bankruptcy or insolvency laws, or any other process of law whatsoever, and shall not be assignable except to the extent that such annuity, allowance, or benefit is subject to a qualified domestic relations order under the Spousal Pension Rights Act.
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