Allows for the forfeiture of certain portions of the pension of a public employee who commits a felony.

This bill allows for the forfeiture of certain portions of the pension of a public employee who commits a felony. It defines "public employee" to include individuals employed by a public employer and entitled to a pension under specific Iowa codes. Upon conviction of a felony, the employee loses all rights to their pension prior to a bona fide retirement, and the pension is revoked by the system. Contributions made by the employee are returned, while benefits received in excess of these contributions are returned to the system.

Allows for the forfeiture of certain portions of the pension of a public employee who commits a felony.

This bill allows for the forfeiture of certain portions of the pension of a public employee who commits a felony. It defines "public employee" to include individuals employed by a public employer and entitled to a pension under specific Iowa codes. Upon conviction of a felony, the employee loses all rights to their pension prior to a bona fide retirement, and the pension is revoked by the system. Contributions made by the employee are returned, while benefits received in excess of these contributions are returned to the system.