Nebraska § 15-1026 - Fire and police pension fund; authorized; tax levy; authorized.
Full text of Nebraska Revised Statutes of Nebraska § 15-1026 — Fire and police pension fund; authorized; tax levy; authorized., with citation guidance and answers to common questions.
§ 15-1026. Fire and police pension fund; authorized; tax levy; authorized.
Any city of the primary class may establish a fire and police pension fund. Such city may anticipate its liability for future pension payments on an actuarial basis and, in order to equalize the tax burden over a period of years, may levy and collect taxes in each fiscal year sufficient to meet current needs and equalize the future payments. The tax so levied and collected, together with contributions made by firefighters and police officers, shall be credited to the fund. Any unexpended balance remaining in the fund at the close of the fiscal year shall be reappropriated for the ensuing year. Pension payments required by law shall be a general obligation of the city and may be made out of, but not limited to, the fund.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 15-1026
What does Revised Statutes of Nebraska § 15-1026 cover?
Section 15-1026 ("Fire and police pension fund; authorized; tax levy; authorized.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 15-1026?
A common citation format is "Revised Statutes of Nebraska § 15-1026" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 15-1026 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.