Proyectos de ley › 89.ª Asamblea General
Providing for membership in a protection occupation under the Iowa public employees’ retirement system and including effective date and retroactive applicability provisions
Presentado por el comité State Government de la Cámara
Temas:State budgetState governmentPublic safety & emergencies
Dónde está ahora
- Hecho: Presentado1 de febrero de 2022
- Hecho: Subcomité1 de febrero de 2022
- Hecho: Comité de la Cámara9 de febrero de 2022
- Hecho: Lo aprueba la Cámara23 de febrero de 202297–0
- Hecho: Comité del Senado10 de marzo de 2022
- Se detuvo: Lo aprueba el SenadoMurió al terminar la Asamblea General
- Sigue: A gobernador(a)
- Sigue: Firmado como ley
Murió al terminar la sesión La sesión de 2022 terminó el 24 de mayo de 2022, la última sesión ordinaria de la Asamblea General. Los proyectos que no pasaron por ambas cámaras murieron. ¿Qué es el embudo (funnel)?
Qué contiene
Resumen con IA Police officers and firefighters who work for employers other than cities will now be included in a special retirement category under the Iowa public employees’ retirement system. If their employer confirms their job type, their past years of work will also count toward this protected category without requiring extra payments. This change applies to service members starting from July 1, 2017. (Todavía no está traducido al español.)1
Lea la explicación oficial (en inglés)
This bill provides that persons employed as a peace officer or fire fighter by a covered employer, and not just a city, under the Iowa public employees’ retirement system (IPERS) are included within the protection occupation category of IPERS. The bill provides that membership service prior to the effective date of the bill shall be reclassified as protection occupation service without payment of any additional contributions to pay the actuarial costs of the reclassified service if the employer certifies the employment as constituting protection occupation service under the bill. The bill takes effect upon enactment and applies to membership service under IPERS on or after July 1, 2017.
Senate subcommittee
Named February 24, 2022. On March 1, 2022 it recommended passage.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Nota fiscal
Minimal Compare con otros proyectos
Resumen con IA This bill changes the definition of IPERS Protection Occupation members to include firefighters and police officers employed by entities other than cities, such as the State Fair police. The fiscal impact is anticipated to be minimal, and any costs will be absorbed within the IPERS Trust Fund. (en inglés)3
Lea la nota fiscal (en inglés)
Requester: Representative Brent Siegrist
Description
House File 2374 broadens the definition of an Iowa Public Employees’ Retirement System (IPERS) member eligible for the Protection Occupation membership group to include fire fighters and police officers employed by a covered employer, which includes the State Fair police. The Bill prohibits IPERS from collecting any additional contributions to pay the actuarial cost of the membership reclassification. The Bill takes effect upon enactment and is retroactive to July 1, 2017.
Background
Under current law, only members who are employed by a city are eligible for membership in the Protection Occupation membership group. The Iowa State Fair police are members of IPERS Regular membership group. The Iowa State Fair Authority has reported wages to IPERS for 29 police officers since 2017.
For FY 2022 and for FY 2023, the annual contribution rate for Regular Membership is 15.73%, of which 9.44% is paid by the employer and 6.29% is paid by the employee. The FY 2022 and FY 2023 annual contribution rate is 15.52%, of which 9.31% is paid by the employer and 6.21% is paid by the employee. As of June 30, 2021, the IPERS Trust Fund had a balance of $42.850 billion. The aggregate funded ratio was 88.34%.
Assumptions
- Fire fighters and police officers who are currently employed by an employer other than a city will be reclassified from the Regular membership group to the Protection Occupation membership group, retroactive to July 1, 2017.
- Protection Occupation members and Regular members pay a similar annual rate contribution. The difference in contributions between July 1, 2017, and December 31, 2021, is approximately $15,000.
Fiscal Impact
The fiscal impact is anticipated to be minimal, and any costs will be absorbed within the IPERS Trust Fund.
Source
- Iowa Public Employees’ Retirement System (IPERS)
- IPERS, Protection Occupations · 16 de febrero de 2022
Lo que cambia del Código de Iowa (Iowa Code)
Modifica§97B.49B
Cabildeo
2 a favor · 0 en contra · 6 indecisos · Quiénes →
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Study bill
89th General Assembly
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Earlier and later bills are matched by wording or an identical title.
Similar bills
- HF 138 Providing for membership in a protection occupation under the Iowa public employees’ retir…90th General Assembly · Signed by GovernorNearly identical
- HF 127 Providing for membership in a protection occupation under the Iowa public employees’ retir…90th General Assembly · In committeeSimilar
Matched by wording or an identical title.