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Nebraska Investment Council records 29 9% return for fiscal year

Nebraska Investment Council records 29 9% return for fiscal year
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Nebraska Investment Council steers $30 million to 2 funds

Nebraska lawmakers override veto to transfer administration of Omaha plan

Nebraska governor vetoes bill to transfer administration of Omaha plan

Nebraska governor vetoes bill to transfer administration of Omaha plan Gov. Pete Ricketts, R-Neb., speaks at an event in 2018. Nebraska Gov. Pete Ricketts vetoed a bill that would transfer the administrative duties of the $1.4 billion Omaha School Employees Retirement System to a state board. In a veto letter Tuesday, Mr. Ricketts, a Republican, said the legislation is poor public policy and continues the slippery slope of the state taxpayer bailout to the OPS pension plan. The bill would permit the state s Public Employees Retirement Board, Lincoln, to take over day-to-day operations of OSERS from Omaha Public Schools beginning in 2024. The investment responsibilities for OSERS were transferred in 2016 to the Nebraska Investment Council, Lincoln, which oversees $34 billion.

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