HF 2436 (LSB 5988YH (4) 90)

HOUSE FILE 2436

BY  GJERDE and KAUFMANN

A BILL FOR

An Act relating to credit for accrued sick leave of public safety employees.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  NEW SECTION.  70A.23A  Credit for accrued sick leave —— retired public safety employees.
   Notwithstanding section 70A.23, a public safety employee, as defined in section 20.3, who retires and has applied for retirement benefits under an eligible retirement system, shall receive credit for all accumulated, unused sick leave which shall be converted at one hundred percent of current value and credited to an account for the public safety employee for the purpose of paying the public safety employee’s cost of the monthly premiums for continuance of the public safety employee’s health insurance plan. Upon the death of a retired public safety employee, the surviving spouse or dependents shall be entitled to the value of the accumulated unused sick leave for the purpose of paying the cost of monthly premiums for continuation of a public safety employee’s health insurance policy for the public safety employee’s surviving spouse or dependents. This section does not apply to a public safety employee covered under a collective bargaining agreement which provides for an employer paid retirement health savings plan.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill relates to credit for accrued sick leave of public safety employees.
   Under the bill, a public safety employee who retires and has applied for retirement benefits shall receive all accumulated, unused sick leave which shall be converted at 100 percent of current value for the purpose of paying monthly health insurance premiums under the public safety employee’s health insurance plan. Upon the death of the retired employee, the remaining value of the converted sick leave may be used for such purposes by the surviving spouse or dependents.
   The bill does not apply to a public safety employee covered by a collective bargaining agreement.