97B.49C SHERIFFS AND DEPUTY SHERIFFS.
1. Definitions. For purposes of this section:
a. "Applicable percentage" means the greater of the following
percentages:
(1) Sixty percent.
(2) For each active or inactive vested member retiring on or
after July 1, 1996, and before July 1, 1998, sixty percent plus, if
applicable, an additional one-fourth of one percentage point for each
additional calendar quarter of eligible service beyond twenty-two
years of service, not to exceed a total of five additional percentage
points.
(3) For each active or inactive vested member retiring on or
after July 1, 1998, sixty percent plus, if applicable, an additional
three-eighths of one percentage point for each additional calendar
quarter of eligible service beyond twenty-two years of service, not
to exceed a total of twelve additional percentage points.
b. "Deputy sheriff" means a deputy sheriff appointed pursuant
to section 341.1 prior to July 1, 1981, or section 331.903 on or
after July 1, 1981.
c. "Eligible service" means membership and prior service as a
sheriff or deputy sheriff under this section. In addition, eligible
service includes membership and prior service as a member in a
protection occupation as defined in section 97B.49B.
d. "Fraction of years of service" means a number, not to
exceed one, equal to the sum of the years of eligible service under
this section divided by twenty-two years.
e. "Sheriff" means a county sheriff as defined in section
39.17.
2. Calculation of monthly allowance.a. Notwithstanding other provisions of this chapter, a member
who retires from employment as a sheriff, deputy sheriff, or airport
fire fighter on or after July 1, 1994, and before July 1, 2004, and
at the time of retirement is at least fifty-five years of age may
elect to receive, in lieu of the receipt of any benefits as
calculated pursuant to section 97B.49A or 97B.49D, a monthly
retirement allowance equal to one-twelfth of an amount equal to the
applicable percentage of the three-year average covered wage as a
member who has been employed in eligible service multiplied by a
fraction of years of service, with benefits payable during the
member's lifetime.
b. Notwithstanding other provisions of this chapter, a member
who retires from employment as a sheriff or deputy sheriff on or
after July 1, 2004, and at the time of retirement is either at least
fifty-five years of age or is at least the applicable early
retirement age with at least twenty-two years of eligible service may
elect to receive, in lieu of the receipt of any benefits as
calculated pursuant to section 97B.49A or 97B.49D, a monthly
retirement allowance equal to one-twelfth of an amount equal to the
applicable percentage of the three-year average covered wage as a
member who has been employed in eligible service multiplied by a
fraction of years of service, with benefits payable during the
member's lifetime.
c. For purposes of this subsection, "applicable early
retirement age" means the following:
(1) For each active or inactive vested member retiring on or
after July 1, 2004, and before July 1, 2005, fifty-four years of age.
(2) For each active or inactive vested member retiring on or
after July 1, 2005, and before July 1, 2006, fifty-three years of
age.
(3) For each active or inactive vested member retiring on or
after July 1, 2006, and before July 1, 2007, fifty-two years of age.
(4) For each active or inactive vested member retiring on or
after July 1, 2007, and before July 1, 2008, fifty-one years of age.
(5) For each active or inactive vested member retiring on or
after July 1, 2008, fifty years of age.
3. Additional contributions.a. Annually, the system shall actuarially determine the cost
of the benefits provided for members covered under this section as a
percentage of the covered wages of the employees covered by this
section. Notwithstanding any provision of section 97B.11 to the
contrary, fifty percent of the cost shall be paid by the employers of
employees covered under this section and fifty percent of the cost
shall be paid by the employees. The employer and employee
contributions required under this paragraph shall be treated as
contributions paid under sections 97B.11 and 97B.11A.
b. Annually, during each fiscal year commencing with the
fiscal year beginning July 1, 1988, each county shall pay to the
system the amount necessary to pay the employer share of the cost of
the benefits provided to sheriffs and deputy sheriffs.
4. Notwithstanding any provision of this chapter to the contrary,
the three-year average covered wage for a member retiring under this
section whose years of eligible service equals or exceeds twenty-two
years of eligible service for that member shall be determined by
calculating the member's eligible combined wage for each quarter year
of eligible service. For purposes of this subsection, "eligible
combined wage" means the wages earned by the member for each
quarter year period from eligible service and from covered employment
that is not eligible service if at least seventy-five percent of the
wages earned was from eligible service.
97B.49C SHERIFFS AND DEPUTY SHERIFFS.
1. Definitions. For purposes of this section:
a. "Applicable percentage" means the greater of the following
percentages:
(1) Sixty percent.
(2) For each active or inactive vested member retiring on or
after July 1, 1996, and before July 1, 1998, sixty percent plus, if
applicable, an additional one-fourth of one percentage point for each
additional calendar quarter of eligible service beyond twenty-two
years of service, not to exceed a total of five additional percentage
points.
(3) For each active or inactive vested member retiring on or
after July 1, 1998, sixty percent plus, if applicable, an additional
three-eighths of one percentage point for each additional calendar
quarter of eligible service beyond twenty-two years of service, not
to exceed a total of twelve additional percentage points.
b. "Deputy sheriff" means a deputy sheriff appointed pursuant
to section 341.1 prior to July 1, 1981, or section 331.903 on or
after July 1, 1981.
c. "Eligible service" means membership and prior service as a
sheriff or deputy sheriff under this section. In addition, eligible
service includes membership and prior service as a member in a
protection occupation as defined in section 97B.49B.
d. "Fraction of years of service" means a number, not to
exceed one, equal to the sum of the years of eligible service under
this section divided by twenty-two years.
e. "Sheriff" means a county sheriff as defined in section
39.17.
2. Calculation of monthly allowance.a. Notwithstanding other provisions of this chapter, a member
who retires from employment as a sheriff, deputy sheriff, or airport
fire fighter on or after July 1, 1994, and before July 1, 2004, and
at the time of retirement is at least fifty-five years of age may
elect to receive, in lieu of the receipt of any benefits as
calculated pursuant to section 97B.49A or 97B.49D, a monthly
retirement allowance equal to one-twelfth of an amount equal to the
applicable percentage of the three-year average covered wage as a
member who has been employed in eligible service multiplied by a
fraction of years of service, with benefits payable during the
member's lifetime.
b. Notwithstanding other provisions of this chapter, a member
who retires from employment as a sheriff or deputy sheriff on or
after July 1, 2004, and at the time of retirement is either at least
fifty-five years of age or is at least the applicable early
retirement age with at least twenty-two years of eligible service may
elect to receive, in lieu of the receipt of any benefits as
calculated pursuant to section 97B.49A or 97B.49D, a monthly
retirement allowance equal to one-twelfth of an amount equal to the
applicable percentage of the three-year average covered wage as a
member who has been employed in eligible service multiplied by a
fraction of years of service, with benefits payable during the
member's lifetime.
c. For purposes of this subsection, "applicable early
retirement age" means the following:
(1) For each active or inactive vested member retiring on or
after July 1, 2004, and before July 1, 2005, fifty-four years of age.
(2) For each active or inactive vested member retiring on or
after July 1, 2005, and before July 1, 2006, fifty-three years of
age.
(3) For each active or inactive vested member retiring on or
after July 1, 2006, and before July 1, 2007, fifty-two years of age.
(4) For each active or inactive vested member retiring on or
after July 1, 2007, and before July 1, 2008, fifty-one years of age.
(5) For each active or inactive vested member retiring on or
after July 1, 2008, fifty years of age.
3. Additional contributions.a. Annually, the system shall actuarially determine the cost
of the benefits provided for members covered under this section as a
percentage of the covered wages of the employees covered by this
section. Notwithstanding any provision of section 97B.11 to the
contrary, fifty percent of the cost shall be paid by the employers of
employees covered under this section and fifty percent of the cost
shall be paid by the employees. The employer and employee
contributions required under this paragraph shall be treated as
contributions paid under sections 97B.11 and 97B.11A.
b. Annually, during each fiscal year commencing with the
fiscal year beginning July 1, 1988, each county shall pay to the
system the amount necessary to pay the employer share of the cost of
the benefits provided to sheriffs and deputy sheriffs.
4. Notwithstanding any provision of this chapter to the contrary,
the three-year average covered wage for a member retiring under this
section whose years of eligible service equals or exceeds twenty-two
years of eligible service for that member shall be determined by
calculating the member's eligible combined wage for each quarter year
of eligible service. For purposes of this subsection, "eligible
combined wage" means the wages earned by the member for each
quarter year period from eligible service and from covered employment
that is not eligible service if at least seventy-five percent of the
wages earned was from eligible service.
97B.49C SHERIFFS AND DEPUTY SHERIFFS.
1. Definitions. For purposes of this section:
a. "Applicable percentage" means the greater of the following
percentages:
(1) Sixty percent.
(2) For each active or inactive vested member retiring on or
after July 1, 1996, and before July 1, 1998, sixty percent plus, if
applicable, an additional one-fourth of one percentage point for each
additional calendar quarter of eligible service beyond twenty-two
years of service, not to exceed a total of five additional percentage
points.
(3) For each active or inactive vested member retiring on or
after July 1, 1998, sixty percent plus, if applicable, an additional
three-eighths of one percentage point for each additional calendar
quarter of eligible service beyond twenty-two years of service, not
to exceed a total of twelve additional percentage points.
b. "Deputy sheriff" means a deputy sheriff appointed pursuant
to section 341.1 prior to July 1, 1981, or section 331.903 on or
after July 1, 1981.
c. "Eligible service" means membership and prior service as a
sheriff or deputy sheriff under this section. In addition, eligible
service includes membership and prior service as a member in a
protection occupation as defined in section 97B.49B.
d. "Fraction of years of service" means a number, not to
exceed one, equal to the sum of the years of eligible service under
this section divided by twenty-two years.
e. "Sheriff" means a county sheriff as defined in section
39.17.
2. Calculation of monthly allowance.a. Notwithstanding other provisions of this chapter, a member
who retires from employment as a sheriff, deputy sheriff, or airport
fire fighter on or after July 1, 1994, and before July 1, 2004, and
at the time of retirement is at least fifty-five years of age may
elect to receive, in lieu of the receipt of any benefits as
calculated pursuant to section 97B.49A or 97B.49D, a monthly
retirement allowance equal to one-twelfth of an amount equal to the
applicable percentage of the three-year average covered wage as a
member who has been employed in eligible service multiplied by a
fraction of years of service, with benefits payable during the
member's lifetime.
b. Notwithstanding other provisions of this chapter, a member
who retires from employment as a sheriff or deputy sheriff on or
after July 1, 2004, and at the time of retirement is either at least
fifty-five years of age or is at least the applicable early
retirement age with at least twenty-two years of eligible service may
elect to receive, in lieu of the receipt of any benefits as
calculated pursuant to section 97B.49A or 97B.49D, a monthly
retirement allowance equal to one-twelfth of an amount equal to the
applicable percentage of the three-year average covered wage as a
member who has been employed in eligible service multiplied by a
fraction of years of service, with benefits payable during the
member's lifetime.
c. For purposes of this subsection, "applicable early
retirement age" means the following:
(1) For each active or inactive vested member retiring on or
after July 1, 2004, and before July 1, 2005, fifty-four years of age.
(2) For each active or inactive vested member retiring on or
after July 1, 2005, and before July 1, 2006, fifty-three years of
age.
(3) For each active or inactive vested member retiring on or
after July 1, 2006, and before July 1, 2007, fifty-two years of age.
(4) For each active or inactive vested member retiring on or
after July 1, 2007, and before July 1, 2008, fifty-one years of age.
(5) For each active or inactive vested member retiring on or
after July 1, 2008, fifty years of age.
3. Additional contributions.a. Annually, the system shall actuarially determine the cost
of the benefits provided for members covered under this section as a
percentage of the covered wages of the employees covered by this
section. Notwithstanding any provision of section 97B.11 to the
contrary, fifty percent of the cost shall be paid by the employers of
employees covered under this section and fifty percent of the cost
shall be paid by the employees. The employer and employee
contributions required under this paragraph shall be treated as
contributions paid under sections 97B.11 and 97B.11A.
b. Annually, during each fiscal year commencing with the
fiscal year beginning July 1, 1988, each county shall pay to the
system the amount necessary to pay the employer share of the cost of
the benefits provided to sheriffs and deputy sheriffs.
4. Notwithstanding any provision of this chapter to the contrary,
the three-year average covered wage for a member retiring under this
section whose years of eligible service equals or exceeds twenty-two
years of eligible service for that member shall be determined by
calculating the member's eligible combined wage for each quarter year
of eligible service. For purposes of this subsection, "eligible
combined wage" means the wages earned by the member for each
quarter year period from eligible service and from covered employment
that is not eligible service if at least seventy-five percent of the
wages earned was from eligible service.
