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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