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Wednesday, November 6, 2024 at 6:33 PM

Morrill County earns another Dividend from NIRMA program

Morrill County earns another Dividend from NIRMA program
NIRMA Board of Directors Member Beth Fiegenschuh (second from left) presents a dividend check to Morrill County Officials, from left: Joshua Schmidt, Kathy Brandt, Rose Nelson, Susan Kelly, and Loretta McCoy. COURTESY PHOTO

LINCOLN—Morrill County has received a $9,551 dividend check through its participation in the Nebraska Intergovernmental Risk Management Association (NIRMA) pooling program. The dividend was part of a $1,000,000 distribution shared with 83 Nebraska counties and eight county-associated agencies during NIRMA’s annual membership meeting on Oct. 25 in Kearney.

With this latest distribution, Morrill County’s own dividends from NIRMA have reached $157,713 in total since it joined in 2002. NIRMA issues dividends based on its strong financial standing, as aided by the members’ ongoing loss prevention efforts.This marks the 38th time since 1991 and the 29th consecutive year the program has been able to return funds.

Formed by 32 counties in 1988, NIRMA/II is Nebraska’s first governmental risk management and self-insurance program. It is owned and governed by the 84 member counties and 29 county- associated public entities it now serves. In addition to providing affordable coverage and comprehensive risk management and loss prevention services, the program has now returned a cumulative total of $27 million to its members -- directly benefiting local property taxpayers.

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