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House Journal: Page 756: Tuesday, March 17, 1998

15   an amount in excess of seven twelve thousand
four
16   hundred forty dollars for a calendar year, or an
17   amount equal to the amount of remuneration permitted
18   for a calendar year for persons under sixty-five years
19   of age before a reduction in federal social security
20   retirement benefits is required, whichever is higher.
21   Effective the first of the month in which a member
22   attains the age of sixty-five years, a retired member
23   may receive a retirement allowance without a reduction
24   after return to covered employment regardless of the
25   amount of remuneration received."
26     2.  By renumbering as necessary.
Amendment H-8399 was adopted.
Mascher of Johnson asked and received unanimous consent to
withdraw amendment H-8401 filed by her on March 13, 1998.
LEAVE OF ABSENCE
Leave of absence was granted as follows:
Holveck of Polk, until his return, on request of Schrader of
Marion.
Martin of Scott offered the following amendment H-8346 filed by
her and moved its adoption:

H-8346

 1     Amend House File 2496 as follows:
 2     1.  Page 35, by inserting after line 19 the
 3   following:
 4     "c.  Beginning January 1, 1999, for each member who
 5   retired from the system prior to July 1, 1986, the
 6   amount of regular monthly retirement allowance
 7   attributable to membership and prior service that was
 8   payable to the member, or the beneficiary or
 9   contingent annuitant of the member, for December 1998
10   shall be increased by fifteen percent.
11     d.  Beginning January 1, 1999, for each member who
12   retired from the system on or after July 1, 1986, but
13   before July 1, 1990, the amount of regular monthly
14   retirement allowance attributable to membership and
15   prior service that was payable to the member, or the
16   beneficiary or contingent annuitant of the member, for
17   December 1998 shall be increased by seven percent."
18     2.  By renumbering as necessary.
Amendment H-8346 was adopted.
Martin of Scott offered amendment H-8441 filed by her as follows:

H-8441

 1     Amend House File 2496 as follows:

© 1998 Cornell College and League of Women Voters of Iowa

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URL: /DOCS/GA/77GA/Session.2/HJournal/00700/00756.html
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