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Text: HF00290                           Text: HF00292
Text: HF00200 - HF00299                 Text: HF Index
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House File 291

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 602.9204, subsection 1, Code 1995, is
  1  2 amended to read as follows:
  1  3    1.  A senior judge or a retired senior judge shall not be
  1  4 paid a salary as determined by the general assembly.  A senior
  1  5 judge or retired senior judge shall be paid an annuity under
  1  6 the judicial retirement system in the manner provided in
  1  7 section 602.9109, but computed under this section in lieu of
  1  8 section 602.9107, as follows:  The annuity paid to a senior
  1  9 judge or retired senior judge shall be an amount equal to
  1 10 three percent of the basic senior judge salary, multiplied by
  1 11 the judge's years of service prior to retirement as a judge of
  1 12 one or more of the courts included under this article, for
  1 13 which contributions were made to the system, except the
  1 14 annuity of the senior judge or retired senior judge shall not
  1 15 exceed fifty percent of the basic senior judge salary used in
  1 16 calculating the annuity or fifty percent of the basic annual
  1 17 salary which the judge is receiving at the time the judge
  1 18 becomes separated from service, whichever is greater.
  1 19 However, following the twelve-month period during which the
  1 20 senior judge or retired senior judge attains seventy-eight
  1 21 years of age, the annuity paid to the person shall be an
  1 22 amount equal to three percent of the basic senior judge salary
  1 23 cap, multiplied by the judge's years of service prior to
  1 24 retirement as a judge of one or more of the courts included
  1 25 under this article, for which contributions were made to the
  1 26 system, except that the annuity shall not exceed fifty percent
  1 27 of the basic senior judge salary cap.  A senior judge or
  1 28 retired senior judge shall not receive benefits calculated
  1 29 using a basic senior judge salary established after the
  1 30 twelve-month period in which the senior judge or retired
  1 31 senior judge attains seventy-eight years of age.  In addition,
  1 32 if a senior judge is under sixty-five years of age at the time
  1 33 the judge becomes a senior judge, the state shall pay the
  1 34 state's share of the senior judge's medical insurance premium
  1 35 until the judge attains age sixty-five.
  2  1    Sec. 2.  EFFECTIVE DATE.  The amendment to section
  2  2 602.9204, being deemed of immediate importance, takes effect
  2  3 upon enactment and applies retroactively to July 1, 1994.  
  2  4                           EXPLANATION
  2  5    This bill provides that senior judges shall receive a
  2  6 salary as determined by the general assembly.  The bill also
  2  7 provides that the maximum amount for a retirement annuity of a
  2  8 senior judge shall not exceed 50 percent of the basic senior
  2  9 judge salary used in calculating the annuity or 50 percent of
  2 10 the basic annual salary which the judge received at the time
  2 11 of separation from service, whichever is greater.  This bill
  2 12 is effective upon enactment and retroactive to July 1, 1994.  
  2 13 LSB 2136HV 76
  2 14 mk/sc/14
     
Text: HF00290                           Text: HF00292
Text: HF00200 - HF00299                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index
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