Text: SF00228 Text: SF00230 Text: SF00200 - SF00299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. PUBLIC SAFETY PEACE OFFICERS' RETIREMENT,
1 2 ACCIDENT, AND DISABILITY SYSTEM – STUDY ON DEFERRED
1 3 RETIREMENT OPTION PROGRAM – REPORT. The board of trustees of
1 4 the public safety peace officers' retirement, accident, and
1 5 disability system created under chapter 97A shall conduct a
1 6 study to consider whether to implement a deferred retirement
1 7 option program (DROP) for its members. In pursuing this
1 8 proposal, the board shall survey its members and associations
1 9 representing members of the system in order to determine the
1 10 level of members' interest and the conditions under which
1 11 members would, or would not, participate in such a program.
1 12 On or before October 1, 2003, the board shall file a report
1 13 with the legislative service bureau, for distribution to the
1 14 public retirement systems committee established in section
1 15 97D.4, which contains its findings and recommendations. The
1 16 report shall also contain any applicable actuarial information
1 17 concerning the costs of any proposal or proposals.
1 18 Sec. 2. EFFECTIVE DATE. This Act, being deemed of
1 19 immediate importance, takes effect upon enactment.
1 20 EXPLANATION
1 21 This bill requires the board of trustees of the Code
1 22 chapter 97A retirement system for peace officers of the
1 23 department of public safety to conduct a study to consider
1 24 whether to implement a deferred retirement option program
1 25 (DROP) for its members. The board shall submit its findings
1 26 to the legislative service bureau for distribution to the
1 27 legislative public retirement systems committee by October 1,
1 28 2003.
1 29 The bill takes effect upon enactment.
1 30 LSB 2595SS 80
1 31 ec/pj/5
Text: SF00228 Text: SF00230 Text: SF00200 - SF00299 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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