§ 411.30 — Transfer of membership

Iowa § 411.30

• Jurisdiction: Iowa
• Title IX: LOCAL GOVERNMENT
• Ch. 411: RETIREMENT SYSTEM FOR POLICE OFFICERS AND FIRE FIGHTERS

Text

1. Upon the written approval of the applicable county board of supervisors and city
council, totheIowapublicemployees’retirementsystem, avestedmemberoftheIowapublic
employees’ retirement system on June 30, 1986, who meets all of the following requirements
shall become a member of a retirement system under this chapter on July 1, 1986:
a. Was a vested member of the retirement system established in this chapter on June 30,
1973.
b. Was an elected bailiff of a municipal court on June 30, 1973.
c. Became a deputy sheriff on July 1, 1973, and pursuant to 1972 Iowa Acts, ch. 1124, §43,
continued coverage under a retirement system under this chapter.
d. Upon election as a county sheriff, was transferred from membership under this chapter
to membership in a retirement system established in chapter 97B.
2. The Iowa public employees’ retirement system shall transfer to the board of trustees
of the applicable retirement system under this chapter an amount equal to the total of the
accumulatedcontributionsofthememberasdefinedinsection97B.1A,subsection2,together
with the employer contribution for that period of service plus the interest that accrued on the
contributionsforthatperiodequaltotwopercentplustheinterestdividendrateapplicablefor
each year. The board of trustees of the applicable retirement system under this chapter shall
credit the member whose contributions are transferred under this section with membership
service under this chapter for the period for which the member was covered under the Iowa
public employees’ retirement system. If the amount of the accumulated contributions as
defined in section 97B.1A, subsection 2, transferred is less than the amount that would have
beencontributedundersection411.8, subsection1, paragraph“f”, attheratesineffectforthe
period for which contributions were made plus the interest that would have accrued on the
amount, the member shall pay the difference together with interest that would have accrued
on the amount.
3. a. If the amount of the employer contributions transferred is less than the amount that
would have been contributed by the employer under section 411.5, subsection 12, paragraph
“b”,plustheinterestthatwouldhaveaccruedonthecontributions,theboardoftrusteesofthe
applicable retirement system under this chapter shall determine the remaining contribution
amount due. The board of trustees shall notify the county board of supervisors of the county
in which the sheriff was elected of the remaining amount to be paid to the retirement system
under this chapter.
b. The county board of supervisors shall forthwith pay to the board of trustees of the

applicable retirement system the remaining amount to be paid from moneys in the county
general fund.
4. FromJuly1,1986,thecountyboardofsupervisorsofthecountyinwhichthesheriffwas
elected shall deduct the contribution required of the member under section 411.8, subsection
1, paragraph “f”, from the member’s earnable compensation and the county shall pay from
the county general fund an amount equal to the normal rate of contribution multiplied by the
member’s earnable compensation to the applicable retirement system for the period in which
the member remains sheriff or deputy sheriff of that county.