24-710.06. Retirement system; accept payments and rollovers; limitations; board; powers.
(1) The retirement system may accept cash rollover contributions from a member who is making payment pursuant to section 24-706 if the contributions do not exceed the amount of payment required for the service credits purchased by the member pursuant to such section and the contributions represent (a) all or any portion of the balance of the member's interest in a qualified plan under section 401(a) of the Internal Revenue Code or (b) the interest of the member from an individual retirement account or an individual retirement annuity, the entire amount of which is attributable to a qualified total distribution, as defined in the Internal Revenue Code, from a qualified plan under section 401(a) of the code and qualified as a tax-free rollover amount. The member's interest under subdivision (a) or (b) of this subsection must be transferred to the retirement system within sixty days from the date of the distribution from the qualified plan, individual retirement account, or individual retirement annuity.
(2) Cash transferred to the retirement system as a rollover contribution shall be deposited as other payments for service credits.
(3) Under the same conditions as provided in subsection (1) of this section, the retirement system may accept eligible rollover distributions from (a) an annuity contract described in section 403(b) of the Internal Revenue Code, (b) a plan described in section 457(b) of the code which is maintained by a state, a political subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state, or (c) the portion of a distribution from an individual retirement account or annuity described in section 408(a) or 408(b) of the code that is eligible to be rolled over and would otherwise be includable in gross income. Amounts accepted pursuant to this subsection shall be deposited as all other payments under this section.
(4) The retirement system may accept direct rollover distributions made from a qualified plan pursuant to section 401(a)(31) of the Internal Revenue Code. The direct rollover distribution shall be deposited as all other payments under this section.
(5) The board may adopt and promulgate rules and regulations defining procedures for acceptance of rollovers which are consistent with sections 401(a)(31) and 402 of the Internal Revenue Code.
Source
Structure Nebraska Revised Statutes
24-106 - Presiding judge; daily record of proceedings.
24-107 - Written opinions to be reported; format.
24-108 - Judgment on conviction.
24-109 - Offenses occurring during preceding term.
24-201 - Supreme Court; how constituted; Chief Justice.
24-201.01 - Supreme Court judges; salary; amount; restriction on other employment of judges.
24-201.03 - Judges; salary increase; when effective.
24-201.04 - Supreme Court judicial districts; population figures and maps; basis.
24-203 - Transferred to section 24-741.
24-204 - Jurisdiction, original, appellate, and final.
24-205 - Supreme Court Education Fund; created; use; investment.
24-205.01 - Judicial Branch Education Advisory Committee; powers.
24-206 - Terms of court, special.
24-208 - Opinions; when filed.
24-211 - Clerk and reporter; salaries; how fixed; duties.
24-214 - Fee book; entries; duty of clerk.
24-216 - Fees; neglect or fraud in report; penalty.
24-217 - Supreme Court; bailiffs.
24-218 - Chief Justice; purchase liability insurance; for whom.
24-219 - Supreme Court; answer questions of law; when.
24-220 - Certification request; how invoked.
24-221 - Certification request; contents.
24-222 - Certification request; requirements; acceptance.
24-223 - Certification request; fees and costs.
24-224 - Certification request; Supreme Court; duties.
24-225 - Certification request; Supreme Court opinion; delivery.
24-226 - Use of electronic research capabilities; authorized; payment.
24-227.01 - Supreme Court Automation Cash Fund; created; use; investment.
24-228 - Assumption of district court expenses; when.
24-229 - Counsel for Discipline Cash Fund; created; use; investment.
24-231 - Supreme Court Attorney Services Cash Fund; created; use; investment.
24-232 - Eviction proceedings; annual report; contents.
24-301 - District judge; eligibility.
24-301.01 - District judge; judge of separate juvenile court; salary.
24-301.02 - District court judicial districts; described; number of judges.
24-302.01 - Transferred to section 25-2706.
24-304 - Terms of court, special.
24-305 - Absence of judge; adjournment from day to day.
24-306 - Absence of judge; adjournment until next regular term.
24-307 - Absence of judge; adjournment by written order.
24-308 - Failure of term; pending proceedings continued.
24-309 - Failure of term; persons recognized; sureties; liability.
24-310 - Final adjournment; effect.
24-311 - Transferred to section 24-1001.
24-313 - Inferior tribunal; powers over.
24-314 - Transferred to section 24-1002.
24-315 - Transferred to section 24-739.
24-317 - Transferred to section 24-734.
24-318 - Offenses at trial; order to investigate; order to prosecute; duty of county attorney.
24-319 - Transferred to section 25-21,201.
24-320 - Transferred to section 25-21,202.
24-321 - Transferred to section 25-21,203.
24-322 - Transferred to section 25-21,204.
24-323 - Transferred to section 25-21,205.
24-324 - Transferred to section 25-21,206.
24-325 - Transferred to section 25-21,207.
24-326 - Transferred to section 25-21,208.
24-327 - Transferred to section 25-21,209.
24-328 - Transferred to section 25-21,210.
24-329 - Transferred to section 25-21,211.
24-330 - Transferred to section 25-21,212.
24-331 - Transferred to section 25-21,213.
24-332 - Transferred to section 25-21,214.
24-333 - Transferred to section 25-21,215.
24-334 - Transferred to section 25-21,216.
24-335 - Transferred to section 25-21,217.
24-336 - Transferred to section 25-21,218.
24-337.01 - Clerk of the district court; assist clerk of county court; agreement; contents.
24-337.02 - Transferred to section 24-1005.
24-337.03 - Transferred to section 25-2214.01.
24-337.04 - Clerk of district court; residency.
24-342 - Transferred to section 25-1140.09.
24-342.01 - Transferred to section 24-1004.
24-342.02 - Transferred to section 24-1003.
24-345 - Funds uncalled for; payment to State Treasurer; clerk's liability discharged.
24-349 - Sections, how construed.
24-350 - Bailiff; term; compensation.
24-401 - Clerk of Supreme Court; clerks of district and county courts; deputies.
24-402 - Clerk; liability for acts of deputy.
24-403 - District and county court clerks; deputies; acknowledgments; validity.
24-502 - Court of record; location.
24-503 - County judge districts; created; number of judges; membership.
24-505.01 - County judge; eligibility.
24-506 - Presiding judge; selection; departments.
24-508 - Clerk magistrate; duties; qualifications; education requirements.
24-509 - Judge; clerk magistrate; oath; filing.
24-511 - Clerk; powers; duties.
24-513 - County judge; salary; class; expenses.
24-514 - Salaries; expenses; operational costs; payment; property purchased by county; how treated.
24-519 - Clerk magistrate; duties.
24-520 - Clerk magistrates; assignment; written orders.
24-521 - Nebraska County Court Judges Association; created; duties.
24-522 - Transferred to section 25-2802.
24-523 - Transferred to section 25-2803.
24-524 - Transferred to section 25-2804.
24-525 - Transferred to section 25-2805.
24-526 - Transferred to section 25-2806.
24-527 - Transferred to section 25-2807.
24-528 - Transferred to section 25-2701.
24-530 - Transferred to section 25-2710.
24-531 - Transferred to section 25-2711.
24-532 - Transferred to section 25-2712.
24-532.01 - Transferred to section 25-2713.
24-533 - Transferred to section 25-2703.
24-534 - Transferred to section 23-1701.04.
24-535 - Transferred to section 25-2704.
24-536 - Transferred to section 25-2705.
24-537 - Transferred to section 25-2720.
24-538 - Transferred to section 25-2718.
24-539 - Transferred to section 25-2721.
24-540 - Transferred to section 25-2707.
24-541.01 - Transferred to section 25-2728.
24-541.02 - Transferred to section 25-2729.
24-541.03 - Transferred to section 25-2730.
24-541.04 - Transferred to section 25-2731.
24-541.05 - Transferred to section 25-2732.
24-541.06 - Transferred to section 25-2733.
24-541.07 - Transferred to section 25-2734.
24-541.08 - Transferred to section 25-2735.
24-541.09 - Transferred to section 25-2736.
24-541.10 - Transferred to section 25-2737.
24-551 - Transferred to section 25-2738.
24-552 - Transferred to section 24-740.
24-553 - Transferred to section 25-2709.
24-554 - Transferred to section 25-2723.
24-555 - Transferred to section 25-2724.
24-556 - Transferred to section 25-2725.
24-557 - Transferred to section 25-2726.
24-558 - Transferred to section 25-2727.
24-559 - Transferred to section 25-2708.
24-560 - Transferred to section 25-2714.
24-561 - Transferred to section 25-2715.
24-562 - Transferred to section 25-2716.
24-563 - Transferred to section 25-2717.
24-567 - Transferred to section 25-2722.
24-568 - Transferred to section 25-21,219.
24-569 - Transferred to section 25-21,220.
24-570 - Transferred to section 25-21,232.
24-571 - Transferred to section 25-21,221.
24-572 - Transferred to section 25-21,222.
24-573 - Transferred to section 25-21,223.
24-574 - Transferred to section 25-21,224.
24-575 - Transferred to section 25-21,225.
24-576 - Transferred to section 25-21,226.
24-577 - Transferred to section 25-21,227.
24-578 - Transferred to section 25-21,228.
24-579 - Transferred to section 25-21,229.
24-580 - Transferred to section 25-21,230.
24-581 - Transferred to section 25-21,231.
24-582 - Transferred to section 25-21,233.
24-583 - Transferred to section 25-21,234.
24-584 - Transferred to section 25-21,235.
24-585 - Transferred to section 25-2702.
24-585.01 - Transferred to section 25-2719.
24-593 - Municipal court employees; transfer to county court; salary and benefits.
24-594 - Exercise of jurisdiction; ratified.
24-595 - Transferred to section 25-2232.
24-596 - Transferred to section 25-2233.
24-597 - Transferred to section 25-2234.
24-598 - Transferred to section 25-2235.
24-599 - Transferred to section 25-2236.
24-5,100 - Transferred to section 23-1701.02.
24-5,101 - Transferred to section 25-2231.
24-5,102 - Transferred to section 25-2237.
24-5,103 - Transferred to section 25-2238.
24-5,104 - Transferred to section 25-2239.
24-5,105 - Transferred to section 25-2230.
24-5,106 - Transferred to section 25-2229.
24-601 - Transferred to section 30-3201.
24-601.01 - Transferred to section 30-3207.
24-601.02 - Transferred to section 30-3202.
24-601.03 - Transferred to section 30-3203.
24-601.04 - Transferred to section 30-3209.
24-601.05 - Transferred to section 30-3208.
24-602 - Transferred to section 30-3204.
24-603 - Transferred to section 30-3210.
24-604 - Transferred to section 30-3211.
24-604.01 - Transferred to section 81-120.
24-605 - Transferred to section 30-3212.
24-619 - Transferred to section 48-2001.
24-620 - Transferred to section 48-2002.
24-621 - Transferred to section 30-3302.
24-622 - Transferred to section 30-3303.
24-623 - Transferred to section 30-3304.
24-624 - Transferred to section 30-3305.
24-625 - Transferred to section 30-3306.
24-626 - Transferred to section 30-3307.
24-627 - Transferred to section 30-3308.
24-628 - Transferred to section 30-3309.
24-629 - Transferred to section 30-3310.
24-630 - Transferred to section 30-3311.
24-631 - Transferred to section 30-3301.
24-632 - Transferred to section 30-3213.
24-633 - Transferred to section 30-3214.
24-634 - Transferred to section 30-3215.
24-635 - Transferred to section 30-3216.
24-636 - Transferred to section 30-3217.
24-637 - Transferred to section 30-3218.
24-638 - Transferred to section 30-3205.
24-639 - Transferred to section 30-3206.
24-701.02 - Changes to act; operative; when.
24-703.01 - Participation in retirement system; requirements.
24-703.03 - Elections authorized.
24-705 - Technical and administrative employees; actuary; report; expenses.
24-706 - Termination of employment; return of contributions, when; rejoining system.
24-706.01 - Termination of employment prior to eligibility to retire; rejoining system; effect.
24-707.01 - Surviving spouse; benefits; applicable, when.
24-708 - Retirement of judge; when; deferment of payment; board; duties.
24-708.01 - Retired member; reemployment; how treated.
24-710 - Judges; retirement annuity; amount; how computed; cost-of-living adjustment.
24-710.01 - Judges; alternative contribution rate and retirement benefit; election; notice.
24-710.02 - Retirement benefits; exemption from legal process; exception.
24-710.03 - Judges; purchase of service credit; application of section.
24-710.04 - Reemployment; military service; credit; effect.
24-710.05 - Direct rollover; terms, defined; distributee; powers; board; powers.
24-710.06 - Retirement system; accept payments and rollovers; limitations; board; powers.
24-710.12 - Retirement system; accept transfers; limitations; how treated.
24-710.14 - Judges who became members on or after July 1, 2015; annual benefit adjustment.
24-710.15 - Judges who became members on and after July 1, 2015; cost-of-living payment.
24-712 - Annuity payments; continuation; physical examinations, when; cost.
24-713 - State Treasurer; duties; warrants.
24-713.01 - Limitation of actions.
24-713.02 - Retirement system contributions, property, and rights; how treated.
24-713.03 - Termination of system or contributions; effect.
24-714 - Retirement of judge; effect; filling of vacancy.
24-715 - Commission on Judicial Qualifications; created; members; appointment.
24-716 - Commission; members; term; vacancy.
24-717 - Commission; organization; officers.
24-718 - Commission; compensation; expenses.
24-719 - Commission; meetings; quorum; annual report.
24-720 - Commission; complaints and requests; form.
24-722 - Justice or judge; discipline or removal; grounds.
24-723.01 - Justice or judge; disqualification without loss of salary; Supreme Court order; when.
24-723.02 - Justice or judge; removal or suspension by Supreme Court; grounds.
24-725 - Commission; budget; submit.
24-726 - Proceedings prior to formal hearing; confidential.
24-727 - Supreme Court; procedure; rule; adopt.
24-728 - Judge or justice; own discipline, removal, or retirement; participation prohibited.
24-729 - Judges; retired; assignment; when; retired judge, defined.
24-730 - Retired judge; temporary duty; compensation.
24-731 - Retired judge; temporary duty; expenses.
24-733 - Retired judge; temporary duty; request for compensation and expenses.
24-734 - Judges; powers; enumerated.
24-739 - Disqualification of judge; grounds.
24-740 - Probate; disqualification of judge.
24-741 - Judges; when ineligible as candidates for other offices.
24-801 - Judicial nominating commissions; subject to sections.
24-801.01 - Judicial nominating commission; members; oath.
24-802 - Judicial nominating commission; residence requirements.
24-804 - Judicial nominating commissions; judges of Supreme Court; service as members.
24-805 - Judicial nominating commissions; members serve on no more than one commission; exceptions.
24-806 - Judicial nominating commission; lawyer members; qualifications; nominations; election.
24-807 - Judicial nominating commission; lawyer members; certificate of selection.
24-808 - Judicial nominating commissions; vacancies; filled, how.
24-809 - Judicial nominating commission; chairperson; manner of voting; vacancies; procedure.
24-809.01 - Transferred to section 24-1201.
24-809.02 - Transferred to section 24-1202.
24-809.03 - Transferred to section 24-1203.
24-809.04 - Judicial vacancy; date of final determination.
24-809.05 - Judgeship; primary office; relocation of judge authorized; when.
24-811 - Judicial nominating commissions; unlawful to attempt to influence; violations; penalty.
24-811.01 - Judicial nominating commission; nominations; number; considerations.
24-811.02 - Judicial nominating commission; send report to State Court Administrator; contents.
24-812 - Judicial nominating commissions; members; communications; confidential.
24-812.01 - Judicial nominations; Supreme Court; promulgate rules.
24-813 - Judicial officeholders; subject to sections.
24-814 - Judicial officeholder; continuance in office; request in writing to be retained.
24-816 - Judicial officeholder; retention election; how conducted.
24-817 - Judicial officeholder; retention election; determination by vote of electorate.
24-818 - Judicial officeholder; request to be retained; failure to file; vacancy.
24-819 - Judges; full term; commencement; end.
24-820 - County judge; selection; retained in office; vacancy, how filled.
24-901 - Transferred to section 25-412.01.
24-902 - Transferred to section 25-412.02.
24-903 - Transferred to section 25-412.03.
24-904 - Transferred to section 25-412.04.
24-1001 - Proceedings to be public.
24-1002 - Oaths and affirmations; power to administer.
24-1004 - Records and exhibits; preservation; disposition.
24-1005 - Records; preservation duplicate; admissible in evidence; destruction of original record.
24-1006 - Clerk; judicial statistics; report.
24-1101 - Court of Appeals; created; panels; judges; appointment; salary; other laws applicable.
24-1103 - Active or retired judges; assignment; expenses.
24-1104 - Decisions; form; when published.
24-1105 - Cases pending on September 6, 1991; assignment to Court of Appeals.
24-1106 - Jurisdiction; direct review by Supreme Court; when; removal of case.
24-1107 - Decision; review by Supreme Court.
24-1108 - Administrative office; arguments heard throughout state; judge's offices.
24-1201 - Judicial Resources Commission; created; membership; quorum.
24-1202 - Judicial Resources Commission; term; vacancy.
24-1203 - Judicial Resources Commission; expenses.
24-1204 - Existence of judicial vacancy; determination.
24-1205 - Judgeships; annual hearing; recommendations.
24-1206 - Commission; basis for determination; report to Legislature; legislative action.