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 […]
Section 86.1490 – Creditable service, determination of — inclusions and exclusions.
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 […]
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 […]
Section 86.1390 – Contributions to retirement system by cities, amount.
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 […]
Section 86.1400 – Employee contributions to be deducted from compensation — payment by board of police commissioners.
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 […]