Read the full stored bill text
Senate
File
2346
-
Introduced
SENATE
FILE
2346
BY
REICHMAN
A
BILL
FOR
An
Act
allowing
certain
cities
to
opt
out
of
the
municipal
fire
1
and
police
retirement
system.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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2346
Section
1.
Section
97B.49B,
subsection
1,
paragraph
e,
Code
1
2026,
is
amended
by
adding
the
following
new
subparagraph:
2
NEW
SUBPARAGRAPH
.
(17)
A
police
officer
or
fire
3
fighter
hired
by
a
city
after
the
date
the
city
discontinues
4
participation
in
the
municipal
fire
and
police
retirement
5
system
under
section
411.2.
6
Sec.
2.
Section
411.2,
subsection
1,
Code
2026,
is
amended
7
to
read
as
follows:
8
1.
Except
as
provided
in
subsections
2
through
5
6
,
9
each
city
in
which
the
fire
fighters
or
police
officers
are
10
appointed
under
the
civil
service
law
of
this
state,
shall
11
participate
in
the
retirement
system
established
by
this
12
chapter
for
the
purpose
of
providing
retirement
allowances
only
13
for
fire
fighters
or
police
officers,
or
both,
of
the
cities
14
who
are
so
appointed
after
the
date
the
city
comes
under
the
15
retirement
system,
or
benefits
to
their
dependents.
16
Sec.
3.
Section
411.2,
Code
2026,
is
amended
by
adding
the
17
following
new
subsection:
18
NEW
SUBSECTION
.
6.
A
city
with
a
population
of
less
than
19
ten
thousand
may
discontinue
participation
in
the
retirement
20
system
established
by
this
chapter.
The
membership
of
a
person
21
employed
by
a
city
prior
to
the
city’s
decision
to
discontinue
22
participation
in
the
retirement
system
shall
not
be
impacted
23
by
the
city’s
decision.
24
EXPLANATION
25
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
26
the
explanation’s
substance
by
the
members
of
the
general
assembly.
27
This
bill
allows
a
city
with
a
population
of
less
than
10,000
28
to
discontinue
participation
in
the
statewide
municipal
fire
29
and
police
retirement
system
(system).
Current
members
of
the
30
system
employed
by
the
city
shall
maintain
membership
in
the
31
system.
A
police
officer
or
fire
fighter
hired
by
a
city
after
32
the
date
the
city
discontinues
participation
in
the
system
33
shall
be
included
in
the
protection
occupation
category
of
the
34
Iowa
public
employees’
retirement
system.
35
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