Senate Amendment 5281


PAG LIN

     1  1    Amend House File 2518, as amended, passed, and
     1  2 reprinted by the House, as follows:
     1  3 #1.  Page 9, after line 13 by inserting:
     1  4    <Sec. ___.  Section 97B.1A, subsection 8, paragraph
     1  5 b, Code Supplement 2009, is amended by adding the
     1  6 following new subparagraph:
     1  7    NEW SUBPARAGRAPH.  (10)  Individuals, employed by
     1  8 an employer beginning after July 1, 2010, receiving a
     1  9 service retirement allowance under section 97A.6.>
     1 10 #2.  Page 13, after line 31 by inserting:
     1 11    <Sec. ___.  Section 97B.11, Code 2009, is amended by
     1 12 adding the following new subsection:
     1 13    NEW SUBSECTION.  4.    Notwithstanding any provision
     1 14 of this section to the contrary, an employer of a
     1 15 person who is not a member of the system pursuant
     1 16 to section 97B.1A, subsection 8, paragraph "b",
     1 17 subparagraph (10), or section 97B.48A, subsection 6,
     1 18 shall make a contribution to the system in the amount
     1 19 of the applicable employer percentage of the covered
     1 20 wages of that person as if the person was a member of
     1 21 the system.
     1 22    Sec. ___.  Section 97B.48A, Code 2009, is amended by
     1 23 adding the following new subsection:
     1 24    NEW SUBSECTION.  6.  Notwithstanding any provision
     1 25 of this section to the contrary, if a retired member
     1 26 whose first month of entitlement is July 2010 or later
     1 27 is reemployed in a position which would otherwise be
     1 28 considered covered employment under this chapter,
     1 29 the retired member shall not become an active member
     1 30 of the system upon reemployment, and the retired
     1 31 member so reemployed and the employer shall not make
     1 32 contributions to the system based upon the retired
     1 33 member's compensation for reemployment except as
     1 34 provided in section 97B.11, subsection 4.  A retired
     1 35 member who is so reemployed as provided in this
     1 36 subsection shall continue to receive a retirement
     1 37 allowance, and the retirement allowance shall not
     1 38 be redetermined based upon the retired member's
     1 39 reemployment.>
     1 40 #3.  By renumbering as necessary.


                                        
          STEVE KETTERING
          HF2518.2391 (3) 83
          ec/sc

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