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 86.1310 – Definitions.
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 […]
Section 86.1320 – System established — continuation of system after population increase, when — name of system.
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 […]
Section 86.1330 – Retirement board established, members, duties — funds received, duties — oath of board members required.
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 […]
Section 86.1350 – Voting by board, votes necessary to pass a motion.
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 […]
Section 86.1360 – Administration of assets and transaction of business, board to set policies — rulemaking authority — officers to be elected, employment of staff.
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, […]
Section 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.
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 […]
Section 86.1380 – Certification by the board to the city for amount to be paid to the retirement system.
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 […]