Change the mandatory retirement age and provisions relating to deferred retirement option plans under the Nebraska State Patrol Retirement Act

This bill raises the mandatory retirement age for Nebraska State Patrol officers from 60 to 65 years under the State Patrol Retirement Act. It directly affects current and future State Patrol officers who must retire upon reaching age 65 instead of 60. The bill also updates the Deferred Retirement Option Plan (DROP), allowing officers who meet eligibility requirements (25+ years of service and normal retirement age) to delay retirement payments for up to five years while continuing active duty. During this period, retirement benefits are held in a separate account and paid out upon final retirement. The changes aim to adjust retirement timing and benefit management for State Patrol members.