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IA SF2266

IA SF2266
A bill for an act concerning compensation and benefits limits, relating to the earnings limitation for retirees under the Iowa public employees' retirement system and compensation limits for school corporation board members, and including effective date provisions. (Formerly SF 2166.) Effective date: 03/23/2022.


summary

Introduced
02/14/2022
In Committee
Crossed Over
02/21/2022
Passed
03/23/2022
Dead
Signed/Enacted/Adopted
03/23/2022

Introduced Session

89th General Assembly

Bill Summary

A bill for an act concerning compensation and benefits limits, relating to the earnings limitation for retirees under the Iowa public employees' retirement system and compensation limits for school corporation board members, and including effective date provisions. (Formerly SF 2166.) Effective date: 03/23/2022.

AI Summary

This bill amends the Iowa public employees' retirement system (IPERS) to increase the earnings limitation for retirees from $30,000 to $50,000 before their retirement allowance is reduced, and also increases the compensation limit for school corporation board members from $6,000 to $20,000 per fiscal year. The bill takes effect immediately upon enactment.

Sponsors (0)

No sponsors listed

Other Sponsors (1)

State Government (Senate)

Last Action

Fiscal note. (on 06/22/2022)

bill text


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