H-8297

   Amend House File 2473 as follows:
   1.  Page 15, after line 12 by inserting: 

<DIVISION ___
PUBLIC RETIREMENT SYSTEMS
   Sec. ___.  Section 97A.6, subsection 7, paragraph a, subparagraph (1), Code 2014, is amended to read as follows:
   (1)  Should any beneficiary for either ordinary or accidental disability, except a beneficiary who is fifty-five years of age or over and would have completed twenty-two years of service if the beneficiary had remained in active service, be engaged in a gainful occupation paying more than the difference between the member’s net retirement allowance and one two and one-half times the current earnable compensation of an active member at the same position on the salary scale within the member’s rank as the member held at retirement, then the amount of the retirement allowance shall be reduced to an amount such that the member’s net retirement allowance plus the amount earned by the member shall equal one two and one-half times the amount of the current earnable compensation of an active member at the same position on the salary scale within the member’s rank as the member held at retirement. Should the member’s earning capacity be later changed, the amount of the retirement allowance may be further modified, provided that the new retirement allowance shall not exceed the amount of the retirement allowance originally granted adjusted by annual readjustments of pensions pursuant to subsection 14 of this section nor an amount which would cause the member’s net retirement allowance, when added to the amount earned by the beneficiary, to equal one two and one-half times the amount of the current earnable compensation of an active member at the same position on the salary scale within the member’s rank as the member held at retirement. A beneficiary restored to active service at a salary less than the average final compensation upon the basis of which the member was retired at age fifty-five or greater, shall not again become a member of the retirement system and shall have the member’s retirement allowance suspended while in active service. If the rank or position held by the retired member is subsequently abolished, adjustments to the allowable limit on the amount of income which can be earned in a gainful occupation shall be computed in the same manner as provided in subsection 14, paragraph “c”, of this section for readjustment of pensions when a rank or position has been abolished. If the salary scale associated with a member’s rank at retirement is changed after the member retires, earnable compensation for purposes of this section shall be based upon the salary an active member currently would receive at the same rank and with seniority equal to that of the retired member at the time of retirement. For purposes of this paragraph, “net retirement allowance” means the amount determined by subtracting the amount paid during the previous calendar year by the beneficiary for health insurance or similar health care coverage for the beneficiary and the beneficiary’s dependents from the amount of the member’s retirement allowance paid for that year pursuant to this chapter. The beneficiary shall submit sufficient documentation to the board of trustees to permit the system to determine the member’s net retirement allowance for the applicable year.
   Sec. ___.  Section 97B.49B, subsection 1, paragraph e, Code 2014, is amended by adding the following new subparagraph:
   NEW SUBPARAGRAPH.  (13)  A person other than a deputy sheriff, jailer, or detention officer who is employed by a sheriff to provide courthouse security services or prisoner transportation duties, is required as a condition of employment to carry a firearm and has been professionally trained and qualified in the use of any firearm in connection with the individual’s duties, is required and authorized under limited circumstances to perform law enforcement duties that may include but are not limited to detaining persons, taking persons into custody, making arrests, transporting or providing custody and care for those persons under the sheriff’s control, and is a certified Iowa peace officer, has Iowa reserve peace officer certification, or has equivalent peace officer training.
   Sec. ___.  Section 97B.52A, subsection 1, paragraph c, subparagraph (2), subparagraph division (b), Code 2014, is amended to read as follows:
   (b)  For a member whose first month of entitlement is July 2004 or later, but before July 2014 2016, covered employment does not include employment as a licensed health care professional by a public hospital. For the purposes of this subparagraph, “public hospital” means a hospital licensed pursuant to chapter 135B and governed pursuant to chapter 145A, 347, 347A, or 392.
   Sec. ___.  Section 97B.80, subsection 1, Code 2014, is amended to read as follows:
   1.  a.  For purposes of this subsection, “eligible member” means as follows:
   (1)  For the period beginning July 1, 1992, and ending June 30, 2014, a vested or retired member who has one or more full calendar years of covered wages.
   (2)  Beginning on or after July 1, 2014, a member vested by service or a retired member who is vested by service and who is within six months of the retired member’s first month of entitlement.
   b.  Effective July 1, 1992, a vested or retired An eligible member who has one or more full calendar years of covered wages and who at any time served on active duty in the armed forces of the United States, upon submitting verification of the dates of the active duty service, may make contributions to the retirement system for all or a portion of the period of time of the active duty service, in increments of one or more calendar quarters, and receive credit for membership service and prior service for the period of time for which the contributions are made.
   Sec. ___.  Section 97B.80C, subsection 1, Code 2014, is amended by adding the following new paragraph:
   NEW PARAGRAPH.  0a.  “Eligible member” means as follows:
   (1)  Prior to July 1, 2014, a vested or retired member.
   (2)  Beginning on or after July 1, 2014, a member vested by service or a retired member who is vested by service and who is within six months of the retired member’s first month of entitlement.
   Sec. ___.  Section 97B.80C, subsection 2, paragraphs a, b, and c, Code 2014, are amended to read as follows:
   a.  A vested or retired An eligible member may make contributions to the retirement system to purchase up to the maximum amount of permissive service credit for qualified service as determined by the system, pursuant to Internal Revenue Code section 415(n), the requirements of this section, and the system’s administrative rules.
   b.  A vested or retired An eligible member of the retirement system may make contributions to the retirement system to purchase up to a maximum of twenty quarters of permissive service credit for nonqualified service as determined by the system, pursuant to Internal Revenue Code section 415(n), the requirements of this section, and the system’s administrative rules. A vested or retired An eligible member must have at least twenty quarters of covered wages in order to purchase permissive service credit for nonqualified service.
   c.  A vested or retired An eligible member may convert regular member service credit to special service credit by payment of the amount actuarially determined as necessary to fund the resulting increase in the member’s accrued benefit. The conversion shall be treated as a purchase of qualified service credit subject to the requirements of paragraph “a” if the service credit to be converted was or would have been for qualified service. The conversion shall be treated as a purchase of nonqualified service credit subject to the requirements of paragraph “b” if the service credit to be converted was purchased as nonqualified service credit.
   Sec. ___.  Section 411.6, subsection 7, paragraph a, subparagraph (1), Code 2014, is amended to read as follows:
   (1)  Should any beneficiary for either ordinary or accidental disability, except a beneficiary who is fifty-five years of age or over, be engaged in a gainful occupation paying more than the difference between the member’s net retirement allowance and one two and one-half times the earnable compensation of an active member at the same position on the salary scale within the member’s rank as the member held at retirement, then the amount of the member’s retirement allowance shall be reduced to an amount such that the member’s net retirement allowance plus the amount earned by the member shall equal one two and one-half times the amount of the current earnable compensation of an active member at the same position on the salary scale within the member’s rank as the member held at retirement. Should the member’s earnings be later changed, the amount of the member’s retirement allowance may be further modified, provided that the new retirement allowance shall not exceed the amount of the retirement allowance adjusted by annual readjustments of pensions pursuant to subsection 12 of this section nor an amount which would cause the member’s net retirement allowance, when added to the amount earned by the beneficiary, to equal one two and one-half times the amount of the earnable compensation of an active member at the same position on the salary scale within the member’s rank as the member held at retirement. A beneficiary restored to active service at a salary less than the average final compensation upon the basis of which the member was retired at age fifty-five or greater, shall not again become a member of the retirement system and shall have the member’s retirement allowance suspended while in active service. If the rank or position held by the retired member is subsequently abolished, adjustments to the allowable limit on the amount of income which can be earned in a gainful occupation shall be computed by the board of trustees as though such rank or position had not been abolished and salary increases had been granted to such rank or position on the same basis as increases granted to other ranks and positions in the department. For purposes of this paragraph, “net retirement allowance” means the amount determined by subtracting the amount paid during the previous calendar year by the beneficiary for health insurance or similar health care coverage for the beneficiary and the beneficiary’s dependents from the amount of the member’s retirement allowance paid for that year pursuant to this chapter. The beneficiary shall submit sufficient documentation to the system to permit the system to determine the member’s net retirement allowance for the applicable year.>
   2.  By renumbering as necessary.

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PETTENGILL of Benton