Text: S05654 Text: S05656 Text: S05600 - S05699 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend House File 2496, as amended, passed, and 1 2 reprinted by the House, as follows: 1 3 #1. Page 28, by inserting after line 27 the 1 4 following: 1 5 "4. RETURN OF CONTRIBUTIONS. A member eligible to 1 6 receive a monthly retirement allowance as calculated 1 7 pursuant to subsection 2 but who instead elects to 1 8 receive benefits as calculated pursuant to section 1 9 97B.49A or 97B.49D shall also be entitled to receive, 1 10 in a lump sum or in an annuity, the member's excess 1 11 contributions. For purposes of this subsection, a 1 12 member's excess contributions means the total amount 1 13 obtained by accumulating each individual additional 1 14 contribution made by the member as calculated pursuant 1 15 to subsection 3 with interest plus interest dividends 1 16 as provided in section 97B.70." 1 17 #2. By renumbering as necessary. 1 18 1 19 1 20 1 21 ROBERT E. DVORSKY 1 22 DICK L. DEARDEN 1 23 STEVEN D. HANSEN 1 24 EUGENE S. FRAISE 1 25 HF 2496.714 77 1 26 ec/sc/28
Text: S05654 Text: S05656 Text: S05600 - S05699 Text: S Index Bills and Amendments: General Index Bill History: General Index
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