Bill Text: IA SF2007 | 2023-2024 | 90th General Assembly | Introduced


Bill Title: A bill for an act relating to the bona fide retirement of a teacher under the Iowa public employees' retirement system.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-01-11 - Subcommittee: Bousselot, Schultz, and Winckler. S.J. 98. [SF2007 Detail]

Download: Iowa-2023-SF2007-Introduced.html
Senate File 2007 - Introduced SENATE FILE 2007 BY DONAHUE A BILL FOR An Act relating to the bona fide retirement of a teacher under 1 the Iowa public employees’ retirement system. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 5040XS (3) 90 jda/jh
S.F. 2007 Section 1. Section 97B.52A, subsection 1, paragraph c, 1 subparagraph (2), Code 2024, is amended by adding the following 2 new subparagraph division: 3 NEW SUBPARAGRAPH DIVISION . (d) For a member who was a 4 licensed teacher, and whose first month of entitlement is July 5 2024 or later, any employment with a covered employer and 6 covered employment does not include employment by a school 7 district as a substitute teacher. 8 EXPLANATION 9 The inclusion of this explanation does not constitute agreement with 10 the explanation’s substance by the members of the general assembly. 11 This bill relates to the bona fide retirement of a teacher 12 under the Iowa public employees’ retirement system (IPERS). 13 Current law provides that a member has a bona fide retirement 14 for purposes of IPERS when the member does not return to 15 any employment with a covered employer until the member 16 has qualified for at least one calendar month of retirement 17 benefits, and the member does not return to covered employment 18 until the member has qualified for no fewer than four calendar 19 months of retirement benefits. The bill establishes that, 20 for purposes of this provision, neither any employment with a 21 covered employer nor covered employment include employment by a 22 school district as a substitute teacher. 23 -1- LSB 5040XS (3) 90 jda/jh 1/ 1
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