Interim study to carry out the provisions of section 13-2402, which requires the Nebraska Retirement Systems Committee to monitor underfunded defined benefit plans administered by political subdivisions

LR 97 is a legislative resolution (not a bill) that directs Nebraska's Retirement Systems Committee to conduct an interim study. The study will monitor underfunded retirement plans - where guaranteed benefits aren't fully funded - administered by local governments like cities, counties, and school districts. It requires the committee to hold a public hearing for these local governments to present reports on their plan funding status. The committee must then submit its findings and recommendations to the Legislature by the end of the study period. This resolution creates a process to assess and address retirement plan shortfalls but does not change funding rules or require immediate action.