LB 447 Would Mean Changes for OSERS

Tip Off, February 11, 2015 Issue
February 19, 2015
OEA 2015 General Election Results
March 18, 2015

LB 447 Would Mean Changes for OSERS

LB 447 Messages to Senators

Attached are some suggested messages to use when contacting State Senators regarding LB 447. Be sure to note LB 447 in the subject line of your email. Click here to view message suggestions and contact information for Senators on the Legislative Retirement Committee.

LB 447, introduced by Sen. Jeremy Nordquist, will provide four fundamental changes in the way that the Omaha School Employees’ Retirement System operates.  The OSERS Board would be reduced from ten voting members to seven; the OSERS staff would report to the OSERS Board (instead of to the Superintendent); OSERS would make final decisions on investments; and OSERS would be free to hire legal independent counsel, rather than using the school district attorney.  CLICK HERE to see additional details on LB 447.  The hearing for LB 447 will most likely occur on March 5 in Lincoln.