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2009 Nebraska Code
Chapter 84 STATE OFFICERS
84-1313.02 Retirement system; transfer deferred compensation as plan-to-plan transfer; conditions.

84-1313.02. Retirement system; transfer deferred compensation as plan-to-plan transfer; conditions.

The retirement system may transfer deferred compensation by a member as a plan-to-plan transfer to the deferred compensation plan authorized under section 84-1504 if the following conditions are met:

(1) The member has an amount of compensation deferred immediately after the transfer at least equal to the amount of compensation deferred immediately before the transfer;

(2) The account of the member is valued as of the date of final account value;

(3) The member is not eligible for additional annual deferrals in the receiving plan unless the member is performing services for the state; and

(4) The deferred compensation plan provides for such transfers.

Source
    Laws 2009, LB188, ยง 12.



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