A member's normal retirement date is any of the following, whichever is applicable to the member:
1. The first of the month in which a member attains the age of sixty-five years if the member has not completed thirty years of membership service.
2. The first of the month in which the member attains the age of sixty-two years if the member has completed thirty years of membership service.
3. The first of any month in which the member has completed thirty years of membership service if the member has attained the age of sixty-two years but is not yet sixty-five years of age.
4. The first of any month in which a member meets the membership service and age requirements to retire under section 97B.49, subsection 15.
A member may retire after the member's sixty-fifth birthday except as otherwise provided in section 97B.46. A member retiring on or after the normal retirement date, as provided in section 97B.46, shall submit a written notice to the department setting forth the date the retirement is to become effective. The date shall be after the member's last day of service and not before the first day of the sixth calendar month preceding the month in which the notice is filed.
[C46, 50, § 97.13, 97.39; C54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 97B.45]
86 Acts, ch 1243, § 9; 88 Acts, ch 1242, § 32; 94 Acts, ch 1183, §27
Referred to in § 97B.18, 97B.48, 97B.50
Iowa General Assembly
Search: Iowa Code 1997
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