294.11 Termination resolution adopted.
The board of directors of any school district which has in operation the pension and annuity retirement system created pursuant to sections 294.8 through 294.10 may terminate the system by adopting a resolution declaring the system terminated as of a date specified in the resolution.
[C50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §294.11]
2021 Acts, ch 80, §155
Referred to in §294.12
Section amended
Structure Iowa Code
Title VII - EDUCATION AND CULTURAL AFFAIRS
Section 294.1 - Qualifications — compensation prohibited.
Section 294.3 - State aid and tuition.
Section 294.4 - Daily register.
Section 294.8 - Pension system.
Section 294.10A - Pickup of teacher assessments.
Section 294.10B - Rights not transferable or subject to legal process — exceptions.
Section 294.11 - Termination resolution adopted.
Section 294.12 - Pension fund held for survivors upon termination.
Section 294.13 - General fund replacements.
Section 294.14 - Estimate of funds needed — levy.
Section 294.15 - Retirement allowance — teachers who retired before July 4, 1953.