House File 2471 - Introduced



                                       HOUSE FILE       
                                       BY  DOLECHECK and REASONER


    Passed House, Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act relating to trust and agency funds by allowing city
  2    contributions for pension and related employee benefits
  3    pursuant to contracted public safety services.
  4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  5 TLSB 6153HH 81
  6 eg/gg/14

PAG LIN



  1  1    Section 1.  Section 384.6, subsection 1, Code 2005, is
  1  2 amended to read as follows:
  1  3    1.  Accounting for pension and related employee benefit
  1  4 funds as provided by the city finance committee.  A city may
  1  5 certify taxes to be levied for a trust and agency fund in the
  1  6 amount necessary to meet its obligations.
  1  7    a.  A city may make contributions to a retirement system
  1  8 other than the Iowa public employees' retirement system for
  1  9 its city manager, or city administrator performing the duties
  1 10 of city manager, in an annual amount not to exceed the amount
  1 11 that would have been contributed by the employer under section
  1 12 97B.11.
  1 13    b.  If a police chief or fire chief has submitted a written
  1 14 request to the board of trustees to be exempt from chapter
  1 15 411, authorized in section 411.3, subsection 1, a city shall
  1 16 make contributions for the chief, in an amount not to exceed
  1 17 the amount that would have been contributed by the city under
  1 18 section 411.8, subsection 1, paragraph "a", to the
  1 19 international city management association/retirement
  1 20 corporation.  A city may certify taxes to be levied for a
  1 21 trust and agency fund in the amount necessary to meet its
  1 22 obligations.
  1 23    c.  A city which has contracted with another city or
  1 24 governmental entity for the provision of public safety
  1 25 services, including but not limited to police protection, fire
  1 26 protection, ambulance, or hazardous materials response, may,
  1 27 pursuant to contract, make contributions for pension and
  1 28 related employee benefits for personnel of the other city or
  1 29 governmental entity providing such services to the city.  The
  1 30 city may make such contributions in an annual amount not to
  1 31 exceed the amount of contributions for pension and related
  1 32 employee benefits that would otherwise be paid by the other
  1 33 city or governmental entity for such personnel.
  1 34                           EXPLANATION
  1 35    A city may establish trust and agency funds to account for
  2  1 the payment of pension and related employee benefits.  Under
  2  2 current law, a city may make contributions to alternate
  2  3 retirement systems for city managers or administrators and for
  2  4 city police or fire chiefs, not to exceed the amount the city
  2  5 would have otherwise contributed on behalf of such personnel.
  2  6    This bill allows a city to contribute to pension and
  2  7 related employee benefits for personnel of another city or
  2  8 governmental entity pursuant to a contract in which the city
  2  9 receives public safety services, including but not limited to
  2 10 police protection, fire protection, ambulance, or hazardous
  2 11 materials response, from the other city or governmental
  2 12 entity.  The city may make such contributions in an annual
  2 13 amount not to exceed the amount of contributions for pension
  2 14 and related employee benefits that would otherwise be paid by
  2 15 the other city or governmental entity for such personnel.
  2 16 LSB 6153HH 81
  2 17 eg:rj/gg/14