The phased retirement incentive program requires that participants agree to work a maximum of thirty-two hours per week and a minimum of twenty hours per week for the first four years after entering the program. After the fourth year of participation in the program, participants shall agree to work a maximum of twenty hours per week. Participants shall agree to retire from state government employment effective no later than the last day of their fifth year of participation in the program.
84 Acts, ch 1180, § 2
C85, § 79.31
C93, § 70A.31
97 Acts, ch 185, §7; 2000 Acts, ch 1171, §25
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