5 §18804. Local district participation
Title 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Part 20: STATE RETIREMENT SYSTEM (HEADING: PL 1985, C. 801, §5 (NEW))
Chapter 427: PARTICIPATING LOCAL DISTRICTS CONSOLIDATED PLAN HEADING: PL 1989, C. 811, §3 (NEW)
§18804. Local district participation
All local districts that are participating local districts under chapter 425 on the date the plan is put into operation may contract for participation in the plan in the manner provided in subsection 1 or 2 for other local districts. A participating local district that elects to be transferred into the consolidated plan must contract for participation according to the terms of its transfer, in accordance with rules established by the board. Other local districts may contract for the participation of their employees in the Participating Local District Retirement Program under this chapter in the manner provided by subsection 1 or 2. [2007, c. 491, §252 (AMD).]
1. Local districts that are not municipalities. For a local district that is not a municipality, as defined in Title 1, section 72, subsection 13, the executive body of the district must approve participation and must file with the board a duly certified copy of a resolution or order, with a record of the vote of the executive body, which must include:
A. Approval of the participation; [1989, c. 811, §3 (NEW).]
B. The benefit plans that are to apply; [1989, c. 811, §3 (NEW).]
C. Excluded employees, as required by subsection 3; and [1989, c. 811, §3 (NEW).]
D. The name or title of the person authorized to sign the contract on behalf of the local district. [1989, c. 811, §3 (NEW).]
[ 1989, c. 811, §3 (NEW) .]
2. Local districts that are municipalities. For a local district that is a municipality, as defined in Title 1, section 72, subsection 13, the legislative body of the municipality must approve participation and must file with the board a resolution or order, certified by the clerk of the municipality, with a record of the vote of the legislative body, which must include:
A. Approval of the participation; [1989, c. 811, §3 (NEW).]
B. The benefit plans that are to apply; [1989, c. 811, §3 (NEW).]
C. Excluded employees, as required by subsection 3; and [1989, c. 811, §3 (NEW).]
D. The name or title of the person authorized to sign the contract on behalf of the local district. [1989, c. 811, §3 (NEW).]
[ 1989, c. 811, §3 (NEW) .]
3. Excluded employees. The local district shall designate in its approval any class of employees otherwise provided for by local pension provisions who are excluded from membership in the plan established under this chapter.
[ 1989, c. 811, §3 (NEW) .]
4. Date participation begins. The retirement system establishes the schedule for enrolling participating local districts and for the effective date of establishment of a participating local district. The date when the participation of the employees of a participating local district begins is as of the date of first contributions or pick-up contributions to the retirement system.
[ 2007, c. 490, §3 (AMD) .]
SECTION HISTORY
1989, c. 811, §3 (NEW). 1993, c. 250, §6 (AMD). 2007, c. 490, §3 (AMD). 2007, c. 491, §252 (AMD).