Termination of membership; accumulated contributions; return.

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  4. Termination of membership; accumulated contributions; return.

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79-955. Termination of membership; accumulated contributions; return.

Upon termination of employment for any cause other than death or retirement, the retirement board shall, upon the member's demand, terminate his or her membership in the retirement system and cause to be paid to such member the accumulated contributions standing to the credit of his or her individual account in the School Retirement Fund. Any member who attains or has attained membership in another Nebraska state or school retirement system authorized by the Legislature and who elects not to be or remain a member of the School Employees Retirement System of the State of Nebraska shall have his or her accumulated contributions returned to him or her forthwith.

Source

  • Laws 1945, c. 219, § 28, p. 647;
  • R.S.Supp.,1947, § 79-2928;
  • Laws 1949, c. 256, § 461, p. 849;
  • Laws 1965, c. 532, § 1, p. 1676;
  • Laws 1967, c. 555, § 1, p. 1825;
  • Laws 1969, c. 735, § 7, p. 2780;
  • Laws 1976, LB 30, § 3;
  • Laws 1988, LB 1170, § 4;
  • R.S.1943, (1994), § 79-1527;
  • Laws 1996, LB 900, § 590;
  • Laws 1997, LB 624, § 20;
  • Laws 1998, LB 1191, § 56;
  • Laws 2011, LB509, § 31.


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