Official Nebraska Government Web Site




State Deferred Compensation Plan

The Nebraska Investment Council determines the investments for the State Deferred Compensation Plan.

Deferred Compensation Plan (current version)

The voluntary Deferred Compensation Plan for State employees offers the same investments as those offered in the State and County Retirement Systems’ Defined Contribution option. Combining the investment options of the State Deferred Compensation Plan and the much larger State and County Defined contribution option provides a major reduction in costs for participants making voluntary contributions.

Investment Choices

U.S. Equities

Fixed Income

S&P 500 Stock Index Fund

Bond Market Index Fund

Large Growth Stock Fund

Money Market Fund

Large Value Stock Fund

Stable Value Fund

Small Company Stock Fund

Premixed Funds

International Equities

Conservative Fund

International Stock Index Fund

Moderate Fund

Aggressive Fund

  Investor Select Fund
  Age-Based Fund

 

Hartford

Effective January 1, 1997, the investment management of the State Deferred Compensation Plan assets was changed from Hartford Life Insurance Company to the Nebraska Investment Council, with different investment options. While contributions to the Hartford investment options have not been allowed since then, participants remaining in the Hartford investment options may transfer their balances from Hartford to the current State Deferred Compensation investment options at any time. Given the elimination of new cash flows, the Council expects the Hartford investment options to lose assets over time.