A bill for an act allowing certain cities to opt out of the municipal fire and police retirement system.

Summary

The bill lets small Iowa cities (population under 10,000) stop participating in the statewide municipal fire and police retirement system. Employees hired after a city opts out will join the Iowa public employees’ retirement system, while current members keep their existing benefits. This gives small municipalities flexibility in managing retirement costs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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