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