Good Morning,
Welcome to the latest news from the Office of State Treasurer Don Stenberg. Sometime ago you signed up on our website, www.treasurer.org, to receive a newsletter from the State Treasurer’s Office. To keep you informed of developments in the office, you will be receiving updates like this by way of email.
We have provided links below to three news releases issued by Treasurer Stenberg since he took office on January 6, 2011. The first two news releases address Treasurer Stenberg’s efforts to reduce government spending through his support of the elimination of the Long-Term Care Savings Program and the discontinuation of paper billing statements for child support payments. In both of these measures, Treasurer Stenberg is following through on his campaign commitment to promote economy and efficiency in government, while at the same time providing responsive, courteous, and helpful service to all Nebraskans.
The third news release announces details of the Nebraska College Savings Program’s 2011 Essay Contest for seventh and eighth grade students.
Your comments and suggestions are welcome. You may reply to this email newsletter or call the State Treasurer’s Office at 402-471-2455. You will also find information about our office on our website, www.treasurer.org, or stop by to see us in Room 2005 of the State Capitol. We look forward to a long and productive dialogue with you, our neighbors and our customers.
Below are highlights of State Treasurer Stenberg’s latest announcements:
“As a candidate, I said that as State Treasurer I would look for ways to bring economy and efficiency to the operations of the Treasurer’s Office. Today I am announcing the first of several steps I will take to follow through on that commitment.
“Currently, the State Treasurer administers the Long-Term Care Savings Plan. The Government, Military and Veterans’ Affairs Committee has recommended that this Plan be eliminated as a money saving measure. As the Administrator of the Plan, I support eliminating it. The policy objectives of the Long Term Care Savings Plan can be achieved without the need for administration of a plan by the State Treasurer.
“The dollar savings involved are relatively small in the context of the budget of the State of Nebraska. However, I think the precedent we are setting is very important,” Stenberg said in a prepared statement delivered at a news conference in the State Capitol. The savings would amount to more than $98,000.
Click here to read full article.Nebraska State Treasurer Don Stenberg announced a plan today to save approximately $200,000 a year for the Child Support Program that is administered by his office in cooperation with the Nebraska Department of Health and Human Services.
Every month the State Treasurer’s Office mails approximately 69,000 paper billing statements to individuals who have been ordered to pay child support. Approximately 34,000 are sent to individuals whose child support payments are not made directly by them, but are sent to the Treasurer’s Office by their employers, by the Unemployment Compensation Fund or by other sources.
Click here to read full article.Seventh and eighth grade students are invited to submit entries to the 9th Annual Essay Contest associated with the Nebraska College Savings Program and sponsored by the Omaha Storm Chasers Baseball Club and the Nebraska State Treasurer’s Office.
Click here to read full article.
