Senate
File
366
-
Reprinted
SENATE
FILE
366
BY
COMMITTEE
ON
STATE
GOVERNMENT
(SUCCESSOR
TO
SSB
1213)
(As
Amended
and
Passed
by
the
Senate
March
19,
2015
)
A
BILL
FOR
An
Act
relating
to
the
reexamination,
recalculation,
and
offset
1
of
disability
retirement
benefits
for
beneficiaries
under
2
the
public
safety
peace
officers’
retirement,
accident,
and
3
disability
system.
4
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
5
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366
Section
1.
Section
97A.6,
subsection
7,
paragraph
a,
1
subparagraph
(1),
Code
2015,
is
amended
to
read
as
follows:
2
(1)
Should
any
beneficiary
for
either
ordinary
or
3
accidental
disability,
except
a
beneficiary
who
is
fifty-five
4
years
of
age
or
over
and
would
have
completed
twenty-two
years
5
of
service
if
the
beneficiary
had
remained
in
active
service,
6
be
engaged
in
a
gainful
occupation
paying
more
than
the
7
difference
between
the
member’s
net
retirement
allowance
and
8
one
two
and
one-half
times
the
current
earnable
compensation
9
of
an
active
member
at
the
same
position
on
the
salary
scale
10
within
the
member’s
rank
as
the
member
held
at
retirement,
then
11
the
amount
of
the
retirement
allowance
shall
be
reduced
to
an
12
amount
such
that
the
member’s
net
retirement
allowance
plus
the
13
amount
earned
by
the
member
shall
equal
one
two
and
one-half
14
times
the
amount
of
the
current
earnable
compensation
of
an
15
active
member
at
the
same
position
on
the
salary
scale
within
16
the
member’s
rank
as
the
member
held
at
retirement.
Should
17
the
member’s
earning
capacity
be
later
changed,
the
amount
of
18
the
retirement
allowance
may
be
further
modified,
provided
19
that
the
new
retirement
allowance
shall
not
exceed
the
amount
20
of
the
retirement
allowance
originally
granted
adjusted
by
21
annual
readjustments
of
pensions
pursuant
to
subsection
14
of
22
this
section
nor
an
amount
which
would
cause
the
member’s
net
23
retirement
allowance,
when
added
to
the
amount
earned
by
the
24
beneficiary,
to
equal
one
two
and
one-half
times
the
amount
25
of
the
current
earnable
compensation
of
an
active
member
at
26
the
same
position
on
the
salary
scale
within
the
member’s
rank
27
as
the
member
held
at
retirement.
A
beneficiary
restored
28
to
active
service
at
a
salary
less
than
the
average
final
29
compensation
upon
the
basis
of
which
the
member
was
retired
at
30
age
fifty-five
or
greater,
shall
not
again
become
a
member
of
31
the
retirement
system
and
shall
have
the
member’s
retirement
32
allowance
suspended
while
in
active
service.
If
the
rank
or
33
position
held
by
the
retired
member
is
subsequently
abolished,
34
adjustments
to
the
allowable
limit
on
the
amount
of
income
35
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which
can
be
earned
in
a
gainful
occupation
shall
be
computed
1
in
the
same
manner
as
provided
in
subsection
14
,
paragraph
“c”
,
2
of
this
section
for
readjustment
of
pensions
when
a
rank
or
3
position
has
been
abolished.
If
the
salary
scale
associated
4
with
a
member’s
rank
at
retirement
is
changed
after
the
member
5
retires,
earnable
compensation
for
purposes
of
this
section
6
shall
be
based
upon
the
salary
an
active
member
currently
7
would
receive
at
the
same
rank
and
with
seniority
equal
to
8
that
of
the
retired
member
at
the
time
of
retirement.
For
9
purposes
of
this
paragraph,
“net
retirement
allowance”
means
10
the
amount
determined
by
subtracting
the
amount
paid
during
the
11
previous
calendar
year
by
the
beneficiary
for
health
insurance
12
or
similar
health
care
coverage
for
the
beneficiary
and
the
13
beneficiary’s
dependents
from
the
amount
of
the
member’s
14
retirement
allowance
paid
for
that
year
pursuant
to
this
15
chapter
.
The
beneficiary
shall
submit
sufficient
documentation
16
to
the
board
of
trustees
to
permit
the
system
to
determine
the
17
member’s
net
retirement
allowance
for
the
applicable
year.
18
Sec.
2.
Section
97A.6,
subsection
11,
Code
2015,
is
amended
19
by
striking
the
subsection.
20
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