602.9107A  Optional retirement and decreased annuity.

1.  Notwithstanding section 602.9106, a judge who is fifty-five years of age or older and who has served at least twenty consecutive years as a judge of one or more of the courts included in this article shall be entitled to receive a decreased annuity.

2.  The amount of the decreased annuity shall be the actuarial equivalent of the amount of the annuity payable to judges pursuant to section 602.9107, subsections 1 and 2. A judge shall make an election request in writing to the state court administrator prior to retirement in order to receive an annuity pursuant to this section. A judge may revoke the election prior to retirement by providing a written request to the state court administrator.

3.  The decreased annuity provided in this section shall be in lieu of the annuities provided for in sections 602.9107, 602.9204, 602.9208, and 602.9209.

Section History: Recent form

  92 Acts, ch 1201, §72; 92 Acts, ch 1236, §401

Internal References

  Referred to in § 602.9115A


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