House Amendment 8241


PAG LIN

     1  1    Amend Senate File 2288, as amended, passed, and
     1  2 reprinted by the Senate, as follows:
     1  3 #1.  Page 10, after line 4 by inserting:
     1  4    <Sec. ___.  Section 279.46, Code 2009, is amended to
     1  5 read as follows:
     1  6    279.46  Retirement incentives == tax.
     1  7    1.  The board of directors of a school district
     1  8 may adopt a program for payment of a monetary bonus,
     1  9 continuation of health or medical insurance coverage,
     1 10 or other incentives for encouraging its employees to
     1 11 retire before the normal retirement date as defined
     1 12 in chapter 97B.  The program is available only to
     1 13 employees who notify the board of directors prior
     1 14 to April 1 of the fiscal year that they intend to
     1 15 retire not later than the start of the next following
     1 16 school calendar. The age at which employees shall be
     1 17 designated eligible for the program shall be at the
     1 18 discretion of the board.
     1 19    2.  An employee retiring under this section may
     1 20 apply for a retirement allowance under chapter 97B or
     1 21 chapter 294.
     1 22    3.  A school district shall not offer permanent
     1 23 part=time employment, permanent full=time employment,
     1 24 temporary employment, or retention as an independent
     1 25 contractor to an employee retiring under a program
     1 26 adopted pursuant to subsection 1. However, the
     1 27 school district may offer the employee employment as a
     1 28 substitute teacher.
     1 29    4.  The board may include in the district management
     1 30 levy an amount to pay the total estimated accumulated
     1 31 cost to the school district of the health or medical
     1 32 insurance coverage, bonus, or other incentives for
     1 33 employees within the age range of fifty=five to
     1 34 sixty=five years of age who retire under this section.>
     1 35 #2.  By renumbering as necessary.


                                        
          SCHULTE of Linn
          SF2288.1504 (2) 83
          kh/sc

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