In this short video, we break down the Nebraska State Patrol Retirement Plan along with DROP and the voluntary Deferred Compensation Plan available to employees of the State Patrol. The information covered is the same information one would receive attending one of the NPERS training sessions given periodically at the NSP training center in Grand Island. Filmed January, 2023.

Time Stamps:

00:23 Intro
02:34 Defined Benefit Plan
05:18 Compensation
08:04 Service Credit
10:01 Reduced or Unreduced?
10: 14 Vesting (Reduction)
11:43 Age (Reduction)
15:07 Effective Date
17:14 COLA
20:12 Death Payment
23:48 Reemployment
26:33 Drop
37:28 DCP…(read more)

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Recently, the Nebraska State Patrol released a video outlining their pre-retirement plan for officers looking to transition out of the force. The video, which was created to assist employees in planning for their future after retiring, highlights various retirement options and resources available to them.

The pre-retirement plan video covers important topics such as financial planning, health insurance options, and social security benefits. It also provides information about the state’s retirement system, including how to apply for benefits and the different types of retirement plans available.

One of the key takeaways from the video is the importance of starting the retirement planning process early. By starting to save and plan for retirement well in advance, officers can ensure a smooth transition into their post-career life.

In addition to financial planning, the video also emphasizes the importance of taking care of one’s physical and mental health during retirement. It encourages officers to stay active, continue pursuing hobbies and interests, and seek out support services if needed.

Overall, the Nebraska State Patrol’s pre-retirement plan video serves as a valuable resource for officers who are nearing the end of their career. By providing information and guidance on retirement options and resources, the video aims to help officers make informed decisions about their future and ensure a successful transition into retirement.