Senate File 2389 - Introduced SENATE FILE BY GRONSTAL and IVERSON Passed Senate, Date Passed House, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act concerning the offset of workers' compensation benefits 2 under the peace officers' retirement, accident, and disability 3 retirement system and including an effective date and 4 retroactive applicability provision. 5 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 6 TLSB 6615SS 81 7 ec/sh/8 PAG LIN 1 1 Section 1. Section 97A.6, subsection 11, Code Supplement 1 2 2005, is amended to read as follows: 1 3 11. PENSIONS OFFSET BY COMPENSATION BENEFITS. Any amounts 1 4 which may be paid or payable by the state under the provisions 1 5 of any workers' compensation or similar law to a member or to 1 6 the dependents of a member on account of any disability or 1 7 death, shall be offset against and payable in lieu of any 1 8 benefits payable out of funds provided by the state under the 1 9 provisions of this chapter on account of the same disability 1 10 or death except as otherwise provided by this subsection. In 1 11 case the present value of the total commuted benefits under 1 12 said workers' compensation or similar law is less than the 1 13 pension reserve on the benefits otherwise payable from funds 1 14 provided by the state under this chapter, then the present 1 15 value of the commuted payments shall be deducted from the 1 16 pension reserve and such benefits as may be provided by the 1 17 pension reserve so reduced shall be payable under the 1 18 provisions of this chapter. However, a member receiving an 1 19 accidental disability benefit arising out of an injury, 1 20 disease, or exposure occurring or aggravated on or after July 1 21 1, 2000, shall not have the member's pension offset by amounts 1 22 payable under workers' compensation for a permanent partial 1 23 disability or permanent total disability pursuant to section 1 24 85.34, for the same disability or death. 1 25 Sec. 2. EFFECTIVE DATE == RETROACTIVE APPLICABILITY. This 1 26 Act, being deemed of immediate importance, takes effect upon 1 27 enactment and is retroactively applicable to July 1, 2000, and 1 28 is applicable on and after that date. 1 29 EXPLANATION 1 30 This bill provides that a member receiving an accidental 1 31 disability benefit under the peace officers' retirement, 1 32 accident, and disability retirement system shall not have 1 33 their pension offset by any workers' compensation benefits 1 34 payable to the member for a permanent partial disability or 1 35 permanent total disability. The bill applies to any injury, 2 1 disease, or exposure occurring or aggravated on or after July 2 2 1, 2000, giving rise to a disability benefit and workers' 2 3 compensation benefits. 2 4 The bill takes effect upon enactment and is retroactively 2 5 applicable to July 1, 2000. 2 6 LSB 6615SS 81 2 7 ec:nh/sh/8