Text: HF02097 Text: HF02099 Text: HF02000 - HF02099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 97B.1A, subsection 8, paragraph a, 1 2 subparagraph (1), Code 1999, is amended to read as follows: 1 3 (1) Elective officials in positions for which the 1 4 compensation is on a fee basis, elective officials of school 1 5 districts, elective officials of townships, and elective 1 6 officials of other political subdivisions who are in part-time 1 7 positions. An elective official covered under this chapter 1 8 may terminate membership under this chapter by informing the 1 9 department in writing of the expiration of the member's term 1 10 of office or by informing the department of the member's 1 11 intent to terminate membership for employment as an elective 1 12 official and establishing that the member has a bona fide 1 13 termination of employment from all employment covered under 1 14 this chapter other than as an elective official and that the 1 15 member has filed a completed application for benefits form 1 16 with the department. A county attorney is an employee for 1 17 purposes of this chapter whether that county attorney is 1 18 employed on a full-time or part-time basis. 1 19 Sec. 2. Section 97B.52A, subsection 1, paragraph b, Code 1 20 1999, is amended to read as follows: 1 21 b. For a member whose first month of entitlement is July 1 22 1998 or later, the member does not return to any employment 1 23 with a covered employer until the member has qualified for no 1 24 fewer than four calendar months of retirement benefits. For 1 25 purposes of this paragraph, effective July 1, 2000, any 1 26 employment with a covered employer does not include employment 1 27 as an elective official or member of the general assembly if 1 28 the member is not covered under this chapter for that 1 29 employment. 1 30 Sec. 3. Section 97B.52A, subsection 2, Code 1999, is 1 31 amended to read as follows: 1 32 2. A member may commence receiving retirement benefits 1 33 under this chapter upon satisfying eligibility requirements. 1 34 However, a retired member who commences receiving a retirement 1 35 allowance butreturns to employment before qualifying for no2 1fewer than four calendar months of retirement benefitsfails 2 2 to meet the applicable requirements of subsection 1 does not 2 3 have a bona fide retirement and any retirement allowance 2 4 received by such a member must be returned to the system 2 5 together with interest earned on the retirement allowance 2 6 calculated at a rate determined by the department. Until the 2 7 member has repaid the retirement allowance and interest, the 2 8 department may withhold any future retirement allowance for 2 9 which the member may qualify. 2 10 EXPLANATION 2 11 This bill relates to optional coverage for certain elective 2 12 officials under the Iowa public employees' retirement system 2 13 and for the ability of elective officials and members of the 2 14 general assembly to remain in the elected position and receive 2 15 a retirement allowance under IPERS following termination of 2 16 other employment covered under IPERS. 2 17 Code section 97B.1A, subsection 8, paragraph "a", 2 18 subparagraph (1), which provides for the ability of an elected 2 19 official to opt for coverage, is amended to allow an elected 2 20 official who has opted to be covered under IPERS to opt out of 2 21 coverage while still in office. Specifically, the bill 2 22 permits an official to opt out of IPERS coverage if the 2 23 official terminates employment from all employment covered 2 24 under this chapter other than as an elective official and 2 25 applies to receive a retirement benefit. 2 26 Code section 97B.52A, concerning bona fide retirement, is 2 27 modified to permit an elective official or member of the 2 28 general assembly to remain in that position and still receive 2 29 a retirement allowance following termination of other covered 2 30 employment so long as the elective official or member of the 2 31 general assembly is not receiving IPERS coverage for the 2 32 elected position. 2 33 LSB 5109YH 78 2 34 ec/gg/8
Text: HF02097 Text: HF02099 Text: HF02000 - HF02099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
© 2000 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Wed Feb 9 03:35:15 CST 2000
URL: /DOCS/GA/78GA/Legislation/HF/02000/HF02098/000131.html
jhf