Pension.
Omaha Municipal Code § 23-438
in effectSec. 23-438. - Pension.
The city shall provide pension benefits to functional employees as set forth in chapter 22.
Effective on March 1, 2015, for payroll year 2013, the city shall retroactively pay an additional 1.75 percent of wages into the pension system as shown in the table below. In addition, for payroll year 2014, the city shall retroactively pay an additional 4.00 percent of wages into the pension system as shown in the table below. In addition, for payroll year 2015, the city shall pay an additional 1.00 percent of wages into the pension system as shown in the table below. Functional employees will make its additional contributions to the pension system through benefit cuts.
The following is the required contribution for each functional employee and the city into the pension system:
City | Employee
2008 | 8.525% | 7.425%
2009 | 10.025% | 8.525%
2010 | 11.275% | 9.875%
2011 | 12.025% | 10.625%
2012 | 12.025% | 10.625%
2013 | 13.775% | 10.625%
2014 | 17.775% | 10.625%
2015 | 18.775% | 10.075%
2016 | 18.775% | 10.075%
2017 | 18.775% | 10.075%
2018 | 18.775% | 10.075%
2019 | 18.775% | 10.075%
2020 | 18.775% | 10.075%
2021 | 18.775% | 10.075%
2022 | 18.83% | 10.13%
2023 | 18.83% | 10.13%
2024 | 18.83% | 10.13%
2025 | 18.83% | 10.13%
2026 | 18.83% | 10.13%
2027 | 18.83% | 10.13%
2028 | 18.83% | 10.13%
2029 | 18.83% | 10.13%
(Ord. No. 42809, § 19, 12-21-21; Ord. No. 44503, § 3, 12-9-25)
Source: City of Omaha, Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/ne/omaha/codes/code_of_ordinances?nodeId=PTIIMUCO_CH23PE_ARTVIEMGR_DIV1FUEMGR_S23-438PEFetched: 10/28/2026