Senate File 499 - Introduced SENATE FILE 499 BY COMMITTEE ON STATE GOVERNMENT (SUCCESSOR TO SF 309) A BILL FOR An Act prohibiting certain disability payments related to 1 military service from being used as offsets within the Iowa 2 public employees’ retirement system. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 2553SV (1) 84 aw/sc
S.F. 499 Section 1. Section 97B.50A, subsection 5, Code 2011, is 1 amended to read as follows: 2 5. Offset to allowance. Notwithstanding any provisions 3 to the contrary in state law, or any applicable contract 4 or policy, any amounts which may be paid or payable by the 5 employer under any workers’ compensation, unemployment 6 compensation, employer-paid disability plan, program, or 7 policy, or other law to a member, and any disability payments 8 the member receives pursuant to the federal Social Security 9 Act, 42 U.S.C. § 423 et seq., shall be offset against and 10 payable in lieu of any retirement allowance payable pursuant 11 to this section on account of the same disability. However, 12 any amounts which may be paid or payable by the employer if 13 the employer-paid disability plan, program, or policy derives 14 from serving in the armed services of the United States and 15 the employee is discharged or separated from service in the 16 armed forces under honorable conditions shall not be offset 17 against and payable in lieu of any retirement allowance payable 18 pursuant to this section on account of the same disability. 19 EXPLANATION 20 This bill requires that any disability payments earned for 21 service in the armed services of the United States not be 22 used to offset allowances within the Iowa public employees’ 23 retirement system (IPERS) for IPERS members who are employed in 24 a protection occupation. 25 -1- LSB 2553SV (1) 84 aw/sc 1/ 1