Text: S05099                            Text: S05101
Text: S05100 - S05199                   Text: S Index
Bills and Amendments: General Index     Bill History: General Index



Senate Amendment 5100

Amendment Text

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 exceeds eighty-eight
  1 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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