Text: S05099 Text: S05101 Text: S05100 - S05199 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 19, by inserting after line 6 the 1 3 following: 1 4 "Sec. 101. Section 97B.45, subsection 4, Code 1 5 1999, is amended to read as follows: 1 6 4. The first of any month in which the member is 1 7 at least fifty-five years of age and for which the sum 1 8 of the number of years of membership service and prior 1 9 service and the member's age in years as of the 1 10 member's last birthday equals or exceedseighty-eight1 11 eighty-five." 1 12 #2. Page 23, by inserting after line 26 the 1 13 following: 1 14 "Sec. 102. Section 97B.49G, subsection 4, Code 1 15 1999, is amended by adding the following new 1 16 paragraph: 1 17 NEW PARAGRAPH. e. The member is an active or 1 18 inactive vested member retiring on or after July 1, 1 19 1997, and before the implementation date of section 1 20 101 of this Act, as determined pursuant to section 103 1 21 of this Act, who is at least fifty-five years of age 1 22 and for which the sum of the number of years of 1 23 membership service and prior service and the member's 1 24 age in years as of the member's last birthday equals 1 25 or exceeds eighty-eight." 1 26 #3. Page 48, by inserting after line 26 the 1 27 following: 1 28 "Sec. 103. IMPLEMENTATION PROVISION. The 1 29 department of personnel shall implement the amendment 1 30 to section 97B.45, subsection 4, as provided in this 1 31 Act on July 1, 2000, or on the date that the 1 32 department determines that the most recent annual 1 33 actuarial valuation of the system indicates that the 1 34 employer and employee contribution rates in effect 1 35 under section 97B.11 can absorb the costs of the 1 36 amendment to section 97B.45, subsection 4, whichever 1 37 is later after meeting the other established 1 38 priorities of the system. As used in this section, 1 39 "other established priorities of the system" means the 1 40 implementation of the amendment to section 97B.52, 1 41 subsection 1, as provided in section 48 of this Act. 1 42 However, notwithstanding section 97B.49H, until the 1 43 amendment to section 97B.49G, subsection 4, is 1 44 implemented, the department shall not credit amounts 1 45 to active member supplemental accounts provided in 1 46 section 97B.49H." 1 47 #4. Page 49, line 3, by inserting after the word 1 48 "Act" the following: "and the implementation of the 1 49 amendment to section 97B.45, subsection 4, as provided 1 50 in section 101 of this Act". 2 1 #5. By renumbering as necessary. 2 2 2 3 2 4 2 5 MIKE CONNOLLY 2 6 2 7 2 8 2 9 DENNIS H. BLACK 2 10 2 11 2 12 2 13 JOE BOLKCOM 2 14 2 15 2 16 2 17 DICK L. DEARDEN 2 18 2 19 2 20 2 21 PATRICK J. DELUHERY 2 22 2 23 2 24 2 25 ROBERT E. DVORSKY 2 26 2 27 2 28 2 29 BILL FINK 2 30 2 31 2 32 2 33 TOM FLYNN 2 34 2 35 2 36 2 37 EUGENE S. FRAISE 2 38 2 39 2 40 2 41 MICHAEL E. GRONSTAL 2 42 2 43 2 44 2 45 JOHNIE HAMMOND 2 46 2 47 2 48 2 49 STEVEN D. HANSEN 2 50 3 1 3 2 3 3 PATRICIA HARPER 3 4 3 5 3 6 3 7 WALLY E. HORN 3 8 3 9 3 10 3 11 JOHN JUDGE 3 12 3 13 3 14 3 15 JOHN P. KIBBIE 3 16 3 17 3 18 3 19 MATT McCOY 3 20 3 21 3 22 3 23 MARK SHEARER 3 24 3 25 3 26 3 27 BETTY A. SOUKUP 3 28 3 29 3 30 3 31 ELAINE SZYMONIAK 3 32 SF 2411.308 78 3 33 ec/cf
Text: S05099 Text: S05101 Text: S05100 - S05199 Text: S Index Bills and Amendments: General Index Bill History: General Index
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