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

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