Retirement plans healthier than expected, shaving 28.7M from Nebraska's projected budget gap

LINCOLN — Nebraska lawmakers got nearly $29 million worth of good budget news Tuesday.

An updated actuarial report, delivered to the Nebraska Retirement Systems Committee, shows that three state-sponsored retirement plans are healthier than expected.

As a result, the state will not be on the hook for adding as much money to the plans as once estimated.

The largest plan, which covers teachers and other school employees, does not need any additional contributions to stay healthy.

Read moire: http://www.omaha.com/news/nebraska/state-sponsored-retirement-plans-healthier-than-expected-shaving-million-from/article_74d22606-520c-5a6d-b7b7-b03e38daab18.html