How many public pension plans does Nebraska have?

Nebraska has 4 public pension plans tracked by the Public Plans Database (PPD), covering 122,890 total members. These plans include state-level and local government retirement systems for teachers, police, firefighters, and general employees.

Is Nebraska's pension system in crisis?

Nebraska's public pension plans average 85.5% funded (#6 of 51, 10.0 points above the national average) with combined unfunded liability $1.77B. Top-third average funding still leaves 0 D/F-graded plans on the roster. Data is sourced from the Boston College Center for Retirement Research.

What is the average funded ratio in Nebraska?

The average funded ratio across all 4 public pension plans in Nebraska is 85.5% (#6 of 51 among states), based on the most recent Public Plans Database data. A funded ratio of 100% means a plan has sufficient assets to meet all projected obligations. The national average for public pensions is approximately 75.5%. Individual plan ratios in Nebraska vary; browse the table above to compare specific plans.

Public Plans Database

Nebraska Public Pension Plans

Name: Nebraska Public Pension Plans
Creator: Boston College Center for Retirement Research
License: https://www.usa.gov/government-copyright

4 plans · top-third average funded ratio (#6 of 51)

Higher funded-ratio band. Nebraska ranks #6 of 51 by average actuarial funded ratio (85.5%), top-third among states with a published average.

Avg funded ratio: 85.5%
Total unfunded: $1.77B
Total members: 122,890
Plans tracked: 4

According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, Nebraska’s 4 tracked plans carry a combined unfunded liability of $1.77B at an average funded ratio of 85.5%. Plan cards report FY2023 valuations; this site’s database copy was last loaded in July 2026. See our methodology for the full source and update cadence.

PPD actuarial excerpt

State roster NE Nebraska

Nebraska: avg 85.5% funded (10.0 points above the national average) · 0 D/F grades · unfunded $1.77B

AVG 85.5%
UNF $1.77B
MEM 122,890
N 4
DF 0
VS +10.0pt
BEST 101.4%
LOW 72.4%

Funded-ratio peers

Nearest funded-ratio peer: New York (85.5%)

Average funded ratio neighbourhood vs Nebraska (FY2023 plan cards)

0 of 4 published-ratio plans sit under 60% actuarial assets; 0 of 4 carry a D or F health grade. How funded ratios are calculated →

Nebraska in the higher-funded third

Health grades and the 85.5% state average (#6 of 51, 10.0 points above the national average) use the same FY2023 plan-card snapshot as the hero KPIs and the table below.

Health-grade counts from the same state plan rows as the roster table

Source: Public Plans Database (Boston College CRR / NASRA) As of FY2023 plan cards; history through FY2024

Average actuarial funded ratio across 4 Nebraska plans (FY2023 plan cards)

Plan types in Nebraska

Aggregates from the same FY2023 plan-card rows as the roster below. Averages include only plans that report a funded ratio.

Type	Plans	Avg funded	Members	Assets	Unfunded
General State	2	98.3%	105,980	$16.26B	$813M
Teachers	1	73.1%	13,752	$1.58B	$582M
Police & Fire	1	72.4%	3,158	$985M	$376M

Every tracked plan in Nebraska

FY2023 plan-card snapshot from the Public Plans Database. ARC is the actuarially required contribution as a share of payroll where reported.

Plan	Type	Funded	Grade	Assets	Unfunded	Members	ARC	1yr return
Omaha ERS	General State	101.4%	B	$269M	$-4M	2,899	92.0%	7.3%
Nebraska Retirement Systems	General State	95.1%	B	$15.99B	$817M	103,081	210.4%	4.3%
Omaha School Employee Retirement System	Teachers	73.1%	C	$1.58B	$582M	13,752	105.0%	6.9%
Omaha Police and Fire Pension Fund	Police & Fire	72.4%	C	$985M	$376M	3,158	93.2%	7.8%

Read our methodology - how this data is sourced, computed, and verified.

Compare inside Nebraska’s higher-funded roster

Data sourced from official Public Plans Database and actuarial valuations from federal and state pension systems. See our methodology for details. Retrieved and formatted by PlainPension · Nebraska roster FY2023

Compiled by PlainPension, Pension Fund Health Editorial Process · July 23, 2026