Text: SF00299 Text: SF00301 Text: SF00300 - SF00399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 97B.52A, subsection 1, paragraph c,
1 2 Code 2001, is amended to read as follows:
1 3 c. For a member whose first month of entitlement is July
1 4 2000 or later, the member does not return to any employment
1 5 with a covered employer until the member has qualified for at
1 6 least one calendar month of retirement benefits, and the
1 7 member does not return to covered employment until the member
1 8 has qualified for no fewer than four calendar months of
1 9 retirement benefits. For purposes of this paragraph,
1 10 effective July 1, 2000, any employment with a covered employer
1 11 does not include employment as an elective official or member
1 12 of the general assembly if the member is not covered under
1 13 this chapter for that employment. For purposes of this
1 14 paragraph, effective July 1, 2001, covered employment does not
1 15 include employment as a teacher by a school district or area
1 16 education agency.
1 17 EXPLANATION
1 18 This bill provides that a member of IPERS can retire and be
1 19 reemployed by a school district or area education agency as a
1 20 teacher covered by IPERS so long as the member does not return
1 21 to any employment with an IPERS employer for one month
1 22 following the member's retirement. Under current law, a
1 23 member of IPERS cannot return to any employment covered by
1 24 IPERS, including full-time teaching, for four months following
1 25 retirement.
1 26 LSB 2924SS 79
1 27 ec/gg/8
Text: SF00299 Text: SF00301 Text: SF00300 - SF00399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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