Text: HF02039                           Text: HF02041
Text: HF02000 - HF02099                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index



House File 2040

Partial Bill History

Bill Text

PAG LIN
  1  1    Section 1.  Section 70A.23, Code 1999, is amended to read
  1  2 as follows:
  1  3    70A.23  CREDIT FOR ACCRUED SICK LEAVE.
  1  4    1.  When a state employee, excluding an employee covered
  1  5 under a collective bargaining agreement which provides
  1  6 otherwise, retires under a retirement system in the state
  1  7 maintained in whole or in part by public contributions or
  1  8 payments, the number of accrued days of active and banked sick
  1  9 leave of the employee shall be credited to the employee.  When
  1 10 an employee retires, is eligible, and has applied for benefits
  1 11 under a retirement system authorized under chapter 97A or 97B,
  1 12 including the teachers insurance annuity association (TIAA)
  1 13 and the college retirement equity fund (CREF), or an employee
  1 14 dies on or after July 1, 1984, while the employee is in active
  1 15 employment but is eligible for retirement benefits under one
  1 16 of the listed chapters, the employee shall receive a cash
  1 17 payment for the employee's accumulated, unused sick leave in
  1 18 both the active and banked sick leave accounts, except when,
  1 19 in lieu of cash payment, payment is made for monthly premiums
  1 20 for health or life insurance or both as provided in a
  1 21 collective bargaining agreement negotiated under chapter 20 or
  1 22 as otherwise provided in subsection 2.  An employee of the
  1 23 department of public safety or the department of natural
  1 24 resources who has earned benefits of payment of premiums under
  1 25 a collective bargaining agreement and who becomes a manager or
  1 26 supervisor and is no longer covered by the agreement shall not
  1 27 lose the benefits of payment of premium earned while covered
  1 28 by the agreement.  The payment shall be calculated by
  1 29 multiplying the number of hours of accumulated, unused sick
  1 30 leave by the employee's hourly rate of pay at the time of
  1 31 retirement.  However, the total cash payments for accumulated,
  1 32 unused sick leave shall not exceed two thousand dollars per
  1 33 employee and are payable upon retirement or death.  Banked
  1 34 sick leave is defined as accrued sick leave in excess of
  1 35 ninety days.
  2  1    2.  An employee of the state department of transportation
  2  2 who retires, is eligible, and has applied for benefits under a
  2  3 retirement system authorized under chapter 97B may, in lieu of
  2  4 cash payment for the employee's accumulated, unused sick leave
  2  5 in both the active and banked sick leave accounts, have that
  2  6 amount converted at current value and credited to the
  2  7 employee's account for the purpose of paying the cost of
  2  8 premiums for a health insurance policy for the employee and
  2  9 the employee's dependents until the amount converted and
  2 10 credited is depleted or until the employee attains an age at
  2 11 which eligibility for complete coverage under the federal
  2 12 Medicare program begins, whichever first occurs.  
  2 13                           EXPLANATION
  2 14    This bill provides that an employee of the state department
  2 15 of transportation who retires and receives an IPERS retirement
  2 16 benefit may have accumulated unused sick leave credited to an
  2 17 account to pay for the cost of a health insurance policy for
  2 18 the employee and the employee's dependents until the amount
  2 19 credited is depleted or the employee reaches an age when
  2 20 Medicare eligibility begins, whichever occurs first.  Under
  2 21 current law, DOT and other state employees who are not
  2 22 authorized to use sick leave for health insurance costs
  2 23 pursuant to a collective bargaining agreement can only receive
  2 24 a cash payment of up to $2,000 per employee for their unused
  2 25 sick leave.  
  2 26 LSB 5069YH 78
  2 27 ec/as/5
     

Text: HF02039                           Text: HF02041
Text: HF02000 - HF02099                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index

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