Text: HSB00644 Text: HSB00646 Text: HSB00600 - HSB00699 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 384.6, subsection 1, Code 1997, is
1 2 amended to read as follows:
1 3 1. Accounting for pension and related employee benefit
1 4 funds as provided by the city finance committee. A city may
1 5 make contributions to a retirement system other than the Iowa
1 6 public employees' retirement system for its city manager, or
1 7 city administrator performing the duties of city manager, in
1 8 an annual amount not to exceed the amount that would have been
1 9 contributed by the employer under section 97B.11. If a police
1 10 chief or fire chief has submitted a written request to the
1 11 board of trustees to be exempt from chapter 411, authorized in
1 12 section 411.3, subsection 1, a city shall make contributions
1 13 for the chief, in an amount not to exceed the amount that
1 14 would have been contributed by the city under section 411.8,
1 15 subsection 1, paragraph "a", to the international city
1 16 management association/retirement corporation. A city may
1 17 certify taxes to be levied for a trust and agency fund in the
1 18 amount necessary to meet its obligations. For purposes of
1 19 this subsection, "related employee benefit funds" includes
1 20 amounts held for the purpose of paying the costs incurred
1 21 pursuant to section 509A.13.
1 22 Sec. 2. Section 509A.13, Code 1997, is amended to read as
1 23 follows:
1 24 509A.13 CONTINUATION OF GROUP INSURANCE.
1 25 If a governing body, a county board of supervisors, or a
1 26 city council has procured for its employees accident, health,
1 27 or hospitalization insurance, or a medical service plan, or
1 28 has contracted with a health maintenance organization
1 29 authorized to do business in this state, the governing body,
1 30 county board of supervisors, or city council shall allow its
1 31 employees who retired before attaining sixty-five years of age
1 32 to continue participation in the group plan or under the group
1 33 contract at the employee's own expense until the employee
1 34 attains sixty-five years of age. However, a city may pay for
1 35 all or a portion of the costs of an employee's continuation of
2 1 group insurance under this section from moneys held in a trust
2 2 and agency fund established pursuant to section 384.6, or out
2 3 of an appropriation for this purpose from the general fund of
2 4 the city.
2 5 This section applies to employees who retired on or after
2 6 January 1, 1981.
2 7 EXPLANATION
2 8 This bill provides that cities may pay for all or a portion
2 9 of the costs of continuing group health care for retired city
2 10 employees until they reach 65 years of age. The bill further
2 11 provides that the costs of the coverage shall be paid from
2 12 amounts held in a trust and agency fund for this purpose or
2 13 from an appropriation from the city general fund.
2 14 LSB 4160HC 77
2 15 ec/cf/24
Text: HSB00644 Text: HSB00646 Text: HSB00600 - HSB00699 Text: HSB Index Bills and Amendments: General Index Bill History: General Index
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