Section 86.1530 – Normal retirement dates.
Effective – 28 Aug 2013, 2 histories 86.1530. Normal retirement dates. — The normal retirement date of a member shall be the later of: (1) Tier I member – the date such member attains the age of sixty-five years, or the tenth anniversary of such member’s employment; or (2) Tier II member – the date […]
Section 86.1540 – Normal pension, amount — early retirement option, when — election for optional benefit for spouse — pension after five years of creditable service — felony conviction, effect of.
Effective – 28 Aug 2013, 3 histories 86.1540. Normal pension, amount — early retirement option, when — election for optional benefit for spouse — pension after five years of creditable service — felony conviction, effect of. — 1. (1) Upon retirement on or after a member’s normal retirement date, such member shall receive a base […]
Section 86.1550 – Termination of employment prior to five years of creditable service, lump-sum payment.
Effective – 28 Aug 2005 86.1550. Termination of employment prior to five years of creditable service, lump-sum payment. — Whenever a member’s service is terminated for any reason prior to death or retirement and such member has less than five years of creditable service, or a member’s service is terminated after conviction of a felony, […]
Section 86.1420 – Benefits and administrative expenses to be paid by system funds — commencement of base pension, when — death of member, effect of.
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 […]
Section 86.1430 – Retirement benefits not subject to execution, garnishment, or attachment — exceptions — funds exempt from taxation.
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 […]
Section 86.1440 – Criminal liability not limited by statutory provisions — correction of benefit errors by the board.
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. […]
Section 86.1450 – Board may sue and be sued — service of process, procedure.
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 […]
Section 86.1460 – Findings of board final and conclusive — judicial review.
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 […]
Section 86.1470 – Board may purchase liability insurance — indemnification, when.
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 […]
Section 86.1480 – Who shall be members.
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 […]