5 Reasons Cornhusker Police & Fire Oppose a Pension Reform Bill.

The Pension Affected: Omaha, Nebraska

The police and fire pension change sought in Nebraska: Move the police and fire from a traditional defined benefit pension system to a cash-balance system

The reasons police & fire oppose the switch:

  • makes recruiting harder
  • fewer recruits, decreases public safety
  • makes it harder to effectively combat violent crime
  • San Jose, California adopted this approach and saw more than 650 officers leave in 6 years, taking their entire pension with them
  • Training law enforcement officers is expensive, providing a mechanism that allows them tobe trained and leave with their entire pension within 6 years adds more training costs

Nebraska LB 30 (2017)

KMTV 3 | Omaha fire and police union against pension bill