Council Policies
The Nebraska Investment Council Investment Policies provide the framework for the management of the investments by the Council.
Notice Pursuant to the Administrative Procedures Act
Neb. Rev. Stat. § 84-901.03(2): This guidance document is advisory in nature but is binding on an agency until amended by such agency. A guidance document does not include internal procedural documents that only affect the internal operations of the agency and does not impose additional requirements or penalties on regulated parties or include confidential information or rules and regulations made in accordance with the Administrative Procedures Act. If you believe that this guidance document imposes additional requirements or penalties on regulated parties, you may request a review of the document.
Notice to Political Subdivisions
Neb. Rev. Stat. § 77-2341(1) requires the Council to furnish political subdivisions on request "current authorized investment guidelines," all of which are listed below. The Council does not maintain an investment policy for political subdivisions. Political subdivisions should consult with their legal counsel in determining what investments they are permitted to make under Nebraska law. See, for example, Article XI of the Nebraska Constitution regarding limitations on investments, and Neb. Op. Atty' Gen. No. 05006 (March 8, 2005).
Governance Policies (PDF) include:
- Statement of Investment Philosophy
- Relationships and Responsibilities
- Code of Ethics, Policy on Conflicts of Interest
- Council Procedures
- Fiduciary Management of Risk
- Advocacy
- Committees of the Council
Administrative Policies (PDF) include:
- Placement Agents
- Soft Dollar/Brokerage
- Proxy Voting
- Derivatives
- Securities Lending
- Securities Litigation
Investment Policy Statements (IPS)
Internal Audit Charter
Council Rules
Relevant State Laws
Defined Benefit Plans — School, Judges, State Patrol, and OSERS
Deferred Compensation Plan — State and County Retirement Systems
Operating Investment Pool
Savings Plans
General Endowment Fund
| Authority |
Statutory Reference |
| Agricultural College Endowment Fund |
85-122 through 85-132 |
| Bessey Memorial Trust Fund |
85-167 through 85-171 |
| Cultural Preservation Endowment Fund, Nebraska |
82-331 through 82-333 |
| Early Childhood Education Endowment, Nebraska |
79-1101 through 79-1104.05 |
| Environmental Endowment Fund, Nebraska |
81-15,174.01 |
| Permanent Endowment Fund |
85-122 through 85-132 |
| Permanent School Fund |
72-201 through 72-269, CVII-6, CVII-7, CVII-8, CVII-9 |
| State College Endowment Fund |
85-317 |
| Veterans’ Aid Fund, Nebraska |
80-401 |
| Capitol Preservation, Restoration, and Enhancement Endowment Fund |
72-2216 |
Health Care Endowment Fund
Miscellaneous Trusts
Miscellaneous
