Effective – 28 Aug 2013, 3 histories 86.1310. Definitions. — The following words and phrases as used in sections 86.1310 to 86.1640 shall have the following meanings unless a different meaning is plainly required by the context: (1) “Accumulated contributions”, the sum of all amounts deducted from the compensation of a member and paid to […]
Effective – 28 Aug 2005 86.1320. System established — continuation of system after population increase, when — name of system. — In all cities that now have or may hereafter attain a population of more than three hundred thousand and less than seven hundred thousand inhabitants according to the last preceding federal decennial census, there […]
Effective – 28 Aug 2005 86.1330. Retirement board established, members, duties — funds received, duties — oath of board members required. — 1. There shall be a retirement board whose members shall serve without compensation but shall be reimbursed from the pension fund for any necessary expenses which they may incur for service on the […]
Effective – 28 Aug 2005 86.1350. Voting by board, votes necessary to pass a motion. — Each member of the retirement board shall be entitled to one vote in the decisions of the board. Five votes or more in favor shall be necessary to pass a motion by the retirement board at any meeting of […]
Effective – 28 Aug 2005 86.1360. Administration of assets and transaction of business, board to set policies — rulemaking authority — officers to be elected, employment of staff. — 1. Subject to the limitations of sections 86.1310 to 86.1640, the retirement board shall, from time to time, establish policies for the administration of its assets, […]
Effective – 28 Aug 2005 86.1370. Data to be maintained by board — annual statement required — actuarial study and calculation required — medical board to be appointed — seal to be adopted. — 1. The retirement board shall keep in convenient form such data as is necessary for administration of the retirement system. The […]
Effective – 28 Aug 2013, 2 histories 86.1380. Certification by the board to the city for amount to be paid to the retirement system. — The retirement board shall before October fifteenth of each year certify to the chief financial officer of such city the amount to be paid by the city to the retirement […]
Effective – 28 Aug 2005 86.1390. Contributions to retirement system by cities, amount. — The cities specified in sections 86.1310 to 86.1640 shall contribute to the retirement pension system such an amount as may be necessary to pay the pensions as they accrue from year to year, and such additional amounts as may be necessary […]
Effective – 28 Aug 2005 86.1400. Employee contributions to be deducted from compensation — payment by board of police commissioners. — The board of police commissioners shall cause to be deducted from the compensation of each member until retirement a percentage of such member’s compensation, which shall not be less than five percent, as determined […]
Effective – 28 Aug 2005 86.1410. Board to be trustee of funds — powers and duties. — 1. The retirement board shall act as trustee of the funds created by or collected under the provisions of sections 86.1310 to 86.1640. With appropriate safeguards against loss by the retirement system, the board may designate one or […]
Effective – 28 Aug 2013, 3 histories 86.1420. Benefits and administrative expenses to be paid by system funds — commencement of base pension, when — death of member, effect of. — 1. All benefits and all necessary administrative expenses of the retirement system shall be paid from the funds of the retirement system. 2. The […]
Effective – 28 Aug 2005 86.1430. Retirement benefits not subject to execution, garnishment, or attachment — exceptions — funds exempt from taxation. — The right of any person to pension or pensions, to the return of contributions, disability or death benefits, or any other right accrued or accruing to any person under the provisions of […]
Effective – 28 Aug 2005 86.1440. Criminal liability not limited by statutory provisions — correction of benefit errors by the board. — Nothing contained in sections 86.1310 to 86.1640 shall in any way limit the criminal liability of any person subject to prosecution under any law which is now or may hereafter be in force. […]
Effective – 28 Aug 2005 86.1450. Board may sue and be sued — service of process, procedure. — 1. The retirement board may sue and be sued in its own name. Such suits shall constitute suits by or against the members of the retirement board in their representative capacities and not as individuals. 2. Service […]
Effective – 28 Aug 2005 86.1460. Findings of board final and conclusive — judicial review. — 1. In any hearing conducted by the retirement board, the board’s findings on all issues of fact shall be final and conclusive upon all parties concerned, when such findings are supported by competent and substantial evidence. 2. Any ruling […]
Effective – 28 Aug 2005 86.1470. Board may purchase liability insurance — indemnification, when. — 1. The retirement board may purchase with retirement system assets from one or more insurers licensed to do business in this state one or more insurance policies that provide for reimbursement of the retirement system and any trustee, member of […]
Effective – 28 Aug 2011, 2 histories 86.1480. Who shall be members. — 1. Every person who becomes an employee, as defined in subdivision (9) of section 86.1310, after August 28, 2001, shall become a member of the retirement system defined in sections 86.1310 to 86.1640 as a condition of such employment. 2. Every person […]
Effective – 28 Aug 2011, 3 histories 86.1490. Creditable service, determination of — inclusions and exclusions. — 1. The retirement board shall fix and determine by proper rules and regulations how much service in any year is equivalent to one year of service. In no case shall more than one year of service be creditable […]
Effective – 28 Aug 2015, 5 histories 86.1500. Military service, effect on creditable service — election to purchase creditable service, when — service credit for military service, when. — 1. Whenever a member is given a leave of absence for military service and returns to employment after discharge from the service, such member shall be […]
Effective – 28 Aug 2011, 2 histories 86.1510. Members entitled to prior creditable service, when. — Members who terminate membership with three years or more of creditable service and later return to membership may be given credit toward retirement for prior creditable service, subject to the condition that such member deposit in the pension fund […]
