This bill amends the Iowa public employees retirement system (IPERS) and the municipal fire and police retirement system to provide specific provisions for retired members who are reemployed as school resource officers. It allows certified law enforcement officers to elect out of IPERS coverage within 60 days of reemployment, with this decision being irrevocable. The bill also stipulates that the time between reemployment and the effective date of the election will not count as service for coverage purposes, and any necessary wage adjustments will be processed accordingly.

Additionally, the bill exempts reemployed certified law enforcement officers from the reduction of their retirement allowance based on earnings over $50,000, which typically applies to retirees under IPERS. It clarifies that employment as a school resource officer does not affect the bona fide retirement status of a member, and allows these retired members to continue receiving their service retirement allowance without recalculation during their reemployment. Overall, the bill aims to support retired law enforcement officers returning to work in educational settings while preserving their retirement benefits.

Statutes affected:
Introduced: 97B.42A, 97B.48A, 97B.52A, 411.3