The resolution proposes an interim study to address the requirements of section 13-2402, which mandates that the Nebraska Retirement Systems Committee monitor underfunded defined benefit plans managed by political subdivisions. This study will include a public hearing where political subdivisions can present reports regarding their underfunded plans.

The Nebraska Retirement Systems Committee is tasked with conducting this interim study and will compile its findings and recommendations into a report to be submitted to the Legislative Council or the Legislature upon completion of the study.