Bills › 90th General Assembly
HSB 529
Topics:Courts & civil law
Where it is now
- Done: IntroducedJanuary 9, 2024
- Done: SubcommitteeJanuary 9, 2024
- Done: House committeeFebruary 8, 2024
- Skipped: Passes the HouseContinued as HF 2619
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Became HF 2619 → Its progress continues under the new number. Go to HF 2619 What’s a funnel?
What’s in it
AI summary Starting in the 2024-2025 fiscal year, this law changes how much money is paid into the retirement fund for judges. Judges will contribute 9.35 percent of their basic salary, while the state will contribute 30.6 percent of the total basic salaries of all judges. These new rates will apply even if the retirement fund is not completely full.1
Read the official explanation
H.F. _____ This bill modifies the contribution rates for the judicial retirement fund. The bill redefines the term “judge’s required contribution” to mean an amount equal to the basic salary of the judge multiplied by 9.35 percent beginning in FY 2024-2025, and the term “state’s required contribution” to mean an amount equal to the basic salary of all judges multiplied by 30.6 percent beginning in FY 2024-2025. The bill’s contribution rates apply regardless of whether the judicial retirement fund is fully funded. The bill amends the actuarial valuation procedure by the court administrator to strike associated provisions.
House subcommittee
Named January 9, 2024. On January 17, 2024 it recommended passage. Vote Total: 3-0.
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
Iowa Code it changes
Lobbying
7 for · 0 against · 5 undecided · Who →
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90th General Assembly