Iowa Admin. Code r. 495-14.11

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 495-14.11 - No interest on postretirement death benefits

Interest is only accrued on a member's death benefit if the member dies before the member's first month of entitlement (FME) or, for a retired reemployed member, before the member's reemployment FME, and is only accrued with respect to the retired or retired reemployed member's accumulated contributions account.