Allows retired law enforcement officers reemployed as school resource officers to receive retirement benefits without reduction.

This bill amends Iowa's retirement systems to allow retired law enforcement officers reemployed as school resource officers to continue receiving their retirement allowances without reduction. It also allows these officers to opt out of the Iowa Public Employees' Retirement System (IPERS) coverage if they choose. The bill ensures that earnings from employment as a school resource officer do not affect the retirement allowance and exempts this employment from the wage reduction rule for retirees who earn over $50,000 in full-time employment covered by IPERS.

Allows retired law enforcement officers reemployed as school resource officers to receive retirement benefits without reduction.

This bill amends Iowa's retirement systems to allow retired law enforcement officers reemployed as school resource officers to continue receiving their retirement allowances without reduction. It also allows these officers to opt out of the Iowa Public Employees' Retirement System (IPERS) coverage if they choose. The bill ensures that earnings from employment as a school resource officer do not affect the retirement allowance and exempts this employment from the wage reduction rule for retirees who earn over $50,000 in full-time employment covered by IPERS.