Text: H01155 Text: H01157 Text: H01100 - H01199 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Amend House File 740 as follows:
1 2 #1. By striking page 128, line 34, through page
1 3 129, line 3, and inserting the following: "impact of
1 4 such workforce reduction on its employees. At a
1 5 minimum, such plan shall include all of the following:
1 6 a. Tuition reimbursement at any college,
1 7 vocational or technical school, or other similar
1 8 program in this state attended by the employee within
1 9 two years of the employee's severance, up to a total
1 10 of three thousand dollars.
1 11 b. Continuation of health or medical insurance
1 12 coverage at existing coverage and contribution levels
1 13 for the employee and eligible family members for a
1 14 period of eighteen months or until the employee
1 15 obtains health care coverage under another employee
1 16 health care coverage plan, whichever period is
1 17 shorter.
1 18 c. When appropriate, an early retirement program
1 19 may be offered to those employees affected by loss of
1 20 employment. Such program shall provide supplemental
1 21 payments of at least seven hundred twenty dollars per
1 22 month and continued health care coverage at applicable
1 23 rates in effect for active employees until age sixty-
1 24 two.
1 25 d. Lump sum severance payments based on years of
1 26 service and rates of pay in effect on the date of
1 27 separation. Such payments shall be at least ten
1 28 percent of the employee's base pay for employees with
1 29 one through five years of service; fifty percent of
1 30 base pay for employees with six through ten years of
1 31 service; and seventy-five percent of base pay for
1 32 employees with eleven or more years of service.
1 33 e. Subject to applicable federal or state law,
1 34 such plan shall provide that affected employees
1 35 receive a preference in employment selection for work
1 36 the employee is qualified to perform.
1 37 For the purpose of this section, the term "electric
1 38 utility" means the electric delivery service
1 39 operations in Iowa and the electric generating
1 40 operations and units located in Iowa of incumbent
1 41 providers other than consumer-owned utilities."
1 42
1 43
1 44
1 45 WISE of Lee
1 46
1 47
1 48
1 49 CHAPMAN of Linn
1 50 HF 740.701 78
2 1 mj/sc
Text: H01155 Text: H01157 Text: H01100 - H01199 Text: H Index Bills and Amendments: General Index Bill History: General Index
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