Text: H08177                            Text: H08179
Text: H08100 - H08199                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index



House Amendment 8178

Amendment Text

PAG LIN
  1  1    Amend House File 2532 as follows:
  1  2    #1.  Page 24, by inserting after line 28 the
  1  3 following:
  1  4    "Sec.    .  IOWA PUBLIC EMPLOYEES' RETIREMENT
  1  5 SYSTEM – FURLOUGH CREDIT.  Notwithstanding any
  1  6 provision of chapter 97B to the contrary, a member of
  1  7 the Iowa public employees' retirement system who is
  1  8 furloughed from state employment and receives a
  1  9 reduction in the member's salary from state employment
  1 10 as a result of the furlough can have the member's
  1 11 retirement allowance calculated based on the salary
  1 12 the member would have received if the member had not
  1 13 been furloughed upon the payment by the member of an
  1 14 applicable contribution amount as provided in this
  1 15 section.  For purposes of this section, the applicable
  1 16 contribution amount is an amount equal to the employee
  1 17 and employer contribution that would have been paid on
  1 18 behalf of the member on the salary amount that the
  1 19 member did not receive as a result of the furlough."
  1 20    #2.  By renumbering as necessary.  
  1 21 
  1 22 
  1 23                               
  1 24 LARKIN of Lee
  1 25 
  1 26 
  1 27                               
  1 28 GREIMANN of Story
  1 29 HF 2532.703 79
  1 30 ec/cls
     

Text: H08177                            Text: H08179
Text: H08100 - H08199                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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