Section 59-1351 – CONVERSION OF SERVICE RETIREMENT OR EARLY RETIREMENT ALLOWANCES INTO OPTIONAL RETIREMENT ALLOWANCES — FORM OF OPTIONAL RETIREMENT.
59-1351. CONVERSION OF SERVICE RETIREMENT OR EARLY RETIREMENT ALLOWANCES INTO OPTIONAL RETIREMENT ALLOWANCES — FORM OF OPTIONAL RETIREMENT. (1) The service retirement allowance, or the early retirement allowance of a member who, at time of retirement, so elects shall be converted into an optional retirement allowance which is the actuarial equivalent of such other allowance. […]
Section 59-1352 – ELIGIBILITY FOR DISABILITY RETIREMENT.
59-1352. ELIGIBILITY FOR DISABILITY RETIREMENT. (1) An active member with five (5) years of membership service is eligible for disability retirement. (2) A police officer member, general member, or a paid firefighter hired on or after July 1, 1993, who is not eligible for service retirement is eligible for disability retirement if disabled, as provided […]
Section 59-1352A – PUBLIC SAFETY OFFICER PERMANENT DISABILITY BENEFIT.
59-1352A. PUBLIC SAFETY OFFICER PERMANENT DISABILITY BENEFIT. (1) A public safety officer who is ruled by the retirement system to be permanently disabled, as provided in sections 59-1302(12) and 59-1352, Idaho Code, on or after July 1, 2009, as a result of bodily injury or disease sustained in the line of duty is eligible for […]
Section 59-1352B – PUBLIC SAFETY OFFICER CATASTROPHIC LINE OF DUTY BENEFITS.
59-1352B. PUBLIC SAFETY OFFICER CATASTROPHIC LINE OF DUTY BENEFITS. (1) For purposes of this section: (a) "Catastrophic injury" means a sudden, violent, life-threatening, duty-related injury sustained by an active member within the scope of the public safety officer’s duties and within the department policy that is due to an externally caused event such as a […]
Section 59-1353 – COMPUTATION OF DISABILITY RETIREMENT ALLOWANCES.
59-1353. COMPUTATION OF DISABILITY RETIREMENT ALLOWANCES. (1) The base disability retirement allowance of any member shall be equal to an initial service retirement allowance, as defined in section 59-1342, Idaho Code, based upon the years of service which would have been credited to the member had the member continued in eligible employment until service retirement […]
Section 59-1354 – TIME FOR PAYMENT OF DISABILITY RETIREMENT ALLOWANCE.
59-1354. TIME FOR PAYMENT OF DISABILITY RETIREMENT ALLOWANCE. (1) A disability retirement allowance shall become payable to a member on the first of the month next following the later of: (a) The day salary, sick leave or other temporary compensation benefits terminate under any plan paid for in whole or in part by the employer […]
Section 59-1354A – MEMBERS RECEIVING A DISABILITY RETIREMENT RETURNING TO WORK.
59-1354A. MEMBERS RECEIVING A DISABILITY RETIREMENT RETURNING TO WORK. (1) A retired member receiving a disability retirement allowance may return to work under the following conditions: (a) The retired member must notify the executive director in writing in advance of the return to work; and (b) The disability retirement allowance shall terminate upon such notification. […]
Section 59-1355 – POSTRETIREMENT ALLOWANCE ADJUSTMENTS.
59-1355. POSTRETIREMENT ALLOWANCE ADJUSTMENTS. (1) Each retirement allowance payment shall, subject to the provisions of this section, equal the inflation factor for the adjustment year of payment multiplied by the amount of the retirement allowance payment for March of the previous year. During any adjustment year for which the ratio of the consumer price index […]
Section 59-1356 – REEMPLOYMENT OF RETIRED MEMBERS.
59-1356. REEMPLOYMENT OF RETIRED MEMBERS. (1) If an early retired member is reemployed with an employer participating in the public employee retirement system of Idaho within ninety (90) days from retiring, or the early retired member is guaranteed reemployment with an employer participating in the public employee retirement system of Idaho, the member shall be […]
Section 59-1358 – COMPUTATION OF SEPARATION BENEFITS.
59-1358. COMPUTATION OF SEPARATION BENEFITS. The separation benefit shall equal the excess, if any, of the member’s accumulated contributions at the time the benefit becomes payable over the aggregate of all retirement allowance payments ever made to the member. History: [(59-1358) 1963, ch. 349, Art. 6, sec. 5, p. 988; am. and redesig. 1990, ch. […]