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 -1-