Text: S05050 Text: S05052 Text: S05000 - S05099 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Amend Senate File 2411 as follows:
1 2 #1. Page 26, by inserting after line 18 the
1 3 following:
1 4 "Sec. . Section 97B.50, subsection 2, Code
1 5 1999, is amended by adding the following new
1 6 paragraph:
1 7 NEW PARAGRAPH. c. A vested member who terminated
1 8 service due to a disability, who has been issued
1 9 payment for a refund pursuant to section 97B.53, and
1 10 who subsequently commences receiving disability
1 11 benefits as a result of that disability pursuant to
1 12 the federal Social Security Act, 42 U.S.C. } 423 et
1 13 seq., or the federal Railroad Retirement Act, 45
1 14 U.S.C. } 231 et seq., may apply for retirement
1 15 benefits as provided by this section and receive
1 16 credit for membership service for the period covered
1 17 by the refund payment, upon repayment to the
1 18 department of the refund plus interest that would have
1 19 accrued, within ninety days after July 1, 2000, or the
1 20 date federal disability payments commenced, whichever
1 21 occurs later. The department shall determine the
1 22 amount of the repayment to the department based upon
1 23 the interest that would have accrued."
1 24 #2. By renumbering as necessary.
1 25
1 26
1 27
1 28 ELAINE SZYMONIAK
1 29 SF 2411.501 78
1 30 ec/as
Text: S05050 Text: S05052 Text: S05000 - S05099 Text: S Index Bills and Amendments: General Index Bill History: General Index
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