Omaha Public Schools is working hard to ensure OSERS is strong for many generations. The transfer of pension plan management is the logical next step to take for the health and sustainability of OSERS.

In September 2024, the day-to-day management of the Omaha School Employees' Retirement System (OSERS) will transition to the Nebraska Public Employees Retirement Board (PERB). The PERB is the governing board of the Nebraska Public Employees Retirement Systems (NPERS) which administers several statewide retirement systems. The PERB has a successful history of managing public employee retirement systems for more than 50 years.

• OSERS will continue to be a separate, independent pension plan, even after the transition of the day-to-day management.
• OSERS benefits, retirement timelines and retiree payment amounts will not change due to this transition.

An external project manager contracted by the State of Nebraska will plan and execute the detailed transition process, bridging the existing infrastructure and technology to work independently within the same system.

Omaha Public Schools is pleased to collaborate with the PERB to ensure the long-term success of OSERS, as it allows their experts to manage the pension plan and Omaha Public Schools’ staff to focus on educating children.

As the transition nears its completion in 2024, we are committed to keeping you informed and will update this page as more information is available.

View Frequently Asked Questions

We understand you may have additional questions about this transition. OSERS participants are welcome to contact the OSERS office by phone at (531) 299-0329 or by email at osers@ops.org to learn answers to questions.