House Journal: Page 603: Tuesday, March 5, 2002
36 in chapter 97B, but who was not retired under that
37 system, upon submitting verification of membership and
38 service in the Iowa public employees' retirement
39 system to the court administrator, including proof
40 that the judge has no further claim upon a retirement
41 benefit from that public system, may make
42 contributions as provided by this section to the
43 system either for the entire period of service in the
44 other public system, or for partial service in the
45 other public system in increments of one or more
46 calendar quarters, and receive credit for that service
47 under the system.
48 2. The contributions required to be made for
49 purposes of this section shall be in an amount equal
50 to the actuarial cost of the service purchase. For
Page 2
1 purposes of this subsection, the actuarial cost of the
2 service purchase is an amount determined by the court
3 administrator in accordance with actuarial tables, as
4 reported to the court administrator by the system's
5 actuary, which reflects the actuarial cost necessary
6 to fund an increased retirement annuity resulting from
7 the purchase of additional service.
8 3. A judge eligible for an increased retirement
9 annuity because of the payment of contributions under
10 this section is entitled to receipt of retroactive
11 adjustment payments for no more than six months
12 immediately preceding the month in which the judge
13 pays contributions under this section.
14 4. The court administrator shall ensure that the
15 judge, in exercising an option provided in this
16 section, does not exceed the amount of annual
17 additions to a judge's account permitted pursuant to
18 section 415 of the Internal Revenue Code."
19 11. By renumbering as necessary.
Amendment H-8169 was adopted.
Wise of Lee offered the following amendment H-8133 filed by him
and moved its adoption:
H-8133
1 Amend House File 2532 as follows:
2 1. Page 18, by inserting after line 23 the
3 following:
4 "Sec. . Section 97B.52A, subsection 1,
5 paragraph c, Code 2001, is amended to read as follows:
6 c. For a member whose first month of entitlement
© 2002 Cornell College and
League of Women Voters of Iowa
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