24-710.10 Annual benefit adjustment; minimum accrual rate. - Nebraska Statutes

24-710.10. Annual benefit adjustment; minimum accrual rate.The minimum accrual rate is thirty-five dollars until adjusted pursuant to this section. Commencing June 30, 1999, the retirement board shall annually adjust the minimum accrual rate to reflect the cumulative percentage change in the National Consumer Price Index for Urban Wage Earners and Clerical Workers factor published by the Bureau of Labor Statistics of the United States Department of Labor from the last adjustment of the minimum accrual rate. SourceLaws 1998, LB 532, § 3; Laws 1999, LB 703, § 6; Laws 2008, LB1147, § 7.Operative Date: July 18, 2008