State Sens. Danielle Conrad and Beau Ballard, both of Lincoln, clashed at a Nebraska Retirement Systems Committee hearing regarding a proposal to change annual contribution levels to the state’s school retirement plan, depending on actuarial funding levels. The Lincoln senators vied for the committee chair position in January. (Zach Wendling/Nebraska Examiner)
LINCOLN — Two Lincoln state senators clashed Friday at a hearing over a governor-backed priority to reconsider what to do with Nebraska retirement plans once they are fully funded, starting with schools.
The proposal in question, Legislative Bill 645 by State Sen. Beau Ballard of Lincoln, seeks to lower annual contribution rates to the statewide school retirement plan for eligible teachers and school employees, excluding those in the Omaha Public Schools, who have a separate retirement plan…