Text: H08399                            Text: H08401
Text: H08400 - H08499                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index



House Amendment 8400

Amendment Text

PAG LIN
  1  1    Amend House File 2496 as follows:
  1  2    #1.  Page 50, by inserting after line 2 the
  1  3 following:
  1  4    "c.  For a member whose first month of entitlement
  1  5 is January 1999 or later, the member returns to
  1  6 employment with a covered employer as a substitute
  1  7 teacher after the member has qualified for no fewer
  1  8 than three calendar months of retirement benefits."
  1  9    #2.  Page 50, by inserting after line 2 the
  1 10 following:
  1 11    "Sec. ___.  Section 97B.52A, subsection 2, Code
  1 12 1997, is amended to read as follows:
  1 13    2.  A member may commence receiving retirement
  1 14 benefits under this chapter upon satisfying
  1 15 eligibility requirements.  However, a retired member
  1 16 who commences receiving a retirement allowance but
  1 17 returns to employment before qualifying for no fewer
  1 18 than four calendar months of retirement benefits
  1 19 meeting the applicable requirement prescribed in
  1 20 subsection 1 does not have a bona fide retirement and
  1 21 any retirement allowance received by such a member
  1 22 must be returned to the system together with interest
  1 23 earned on the retirement allowance calculated at a
  1 24 rate determined by the department.  Until the member
  1 25 has repaid the retirement allowance and interest, the
  1 26 department may withhold any future retirement
  1 27 allowance for which the member may qualify."
  1 28    #3.  By renumbering as necessary.  
  1 29 
  1 30 
  1 31                               
  1 32 MASCHER of Johnson 
  1 33 HF 2496.705 77
  1 34 ec/sc/28
     

Text: H08399                            Text: H08401
Text: H08400 - H08499                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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