The proposed joint resolution seeks to amend the Constitution of the State of Iowa by introducing a new section to Article III. This amendment stipulates that any legislative bill that enacts, amends, or repeals provisions related to public retirement systems must receive the affirmative votes of at least two-thirds of the members in both houses of the general assembly in order to pass. This requirement aims to ensure a higher level of consensus for changes affecting public retirement systems.
If the resolution is adopted, it will be published and referred to the next general assembly for consideration. Following this, it will be submitted to the electorate for ratification during the next general election. The resolution emphasizes the importance of safeguarding public retirement systems by requiring a significant majority for any legislative changes.