A Historical Organization Case Study of the School Employees Retirement Act of Nebraska and the Class V School Employees Retirement Act of the State of Nebraska

The purpose of this study was to create a legislative and actuarial history of the School Employees Retirement Act and the Class V School Employees Retirement Act of the State of Nebraska. These acts define the retirement plans of every public school employee across the state of Nebraska. The case study was conducted by analyzing documents, including legislative journals, session laws, committee hearing and floor debate transcripts, and actuarial reports to create a history of the bills passed by legislators from 1945 until today, and identify the impact they had on the function of the plans. Further information was gathered by identifying current policy shaping individuals and conducting face to face or phone interviews to gather information regarding perceived strengths, weaknesses, and the future of the plans. The result is a historical document that summarizes the many changes the plans have undergone, and to inform current lawmakers of the history of those changes, in an effort to assist in making decisions connected to future legislation.