Except as provided in subsections 2 and 3, each firefighter, including the chief of a fire department, employed by a participating
local district that provides a special retirement benefit under section 18453, subsection
4 or 5, shall contribute to the Participating Local District Retirement Program or
have pick-up contributions made by the employer at a rate of 8% of earnable compensation
as long as employed as a firefighter.
2013, c. 391, §2 (AMD)
A participating local district may elect to reduce the rate of contribution set out
in subsection 1 to 6.5% of earnable compensation for all fire fighters who continue
employment after attaining eligibility for retirement during the remainder of their
employment as fire fighters.
1985, c. 801, §§5, 7 (NEW)
3.Member contributions to Participating Local District Consolidated Retirement Plan.
The board may establish by rule the rate at which firefighters who participate in
the consolidated plan described in chapter 427 contribute to that plan. Rules adopted
pursuant to this subsection are routine technical rules pursuant to chapter 375, subchapter
2013, c. 391, §3 (NEW)
1985, c. 801, §§5,7 (NEW).
1987, c. 256, §26 (AMD).
1987, c. 739, §§38,48 (AMD).
2007, c. 491, §221 (AMD).
2013, c. 391, §§2, 3 (AMD).
Data for this page extracted on 01/07/2014 03:55:41.
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