1. Upon the written approval of the applicable county board of supervisors and city council, to the Iowa public employees’ retirement system, a vested member of the Iowa public employees’ retirement system on June 30, 1986, who meets all of the following requirements shall become a member of a retirement system under this chapter on July 1, 1986: a. Was a vested member of the retirement system established in this chapter on June 30, 1973. b. Was an elected bailiffof a municipal court on June 30, 1973. c. Became a deputy sheriff on July 1,1973, and pursuant to 1972 Iowa Acts, ch. 1124, §43, continued coverage under a retirement system under this chapter. d. Upon election as a county sheriff, was transferred from membership under thischapter to membership in a retirement system established in chapter 97B. 2. The Iowa public employees’ retirement system shall transfer to the board of trustees of the applicable retirement system under this chapter an amount equal to the total of the accumulated contributionsof the member as definedin section 97B.1A, subsection 2,together with the employer contribution for that period of service plus the interest that accrued on the contributions for that period equal to two percent plus the interest dividend rateapplicable for each year. The board oftrustees of the applicable retirement system under this chapter shall credit the member whose contributions are transferred under this section with membership service under this chapter for the period for which the member was covered under the Iowa public employees’ retirement system. If the amount of the accumulated contributions as defined in section 97B.1A, subsection 2,transferred is less than the amount that would have been contributed under section 411.8, subsection 1, paragraph “f”, atthe rates in effect for the period for which contributions were made plus the interest that would have accrued on the amount, the member shall pay the difference together with interest that would have accrued on the amount. 3. a. Ifthe amount of the employer contributions transferred is less than the amount that would have been contributed by the employer under section 411.5, subsection 12, paragraph “b”,plus the interest that would have accrued on the contributions, the board of trustees of the applicable retirement system under this chapter shall determine the remaining contribution amount due. The board of trustees shall notify the county board of supervisors of the county inwhich the sheriff was elected of the remaining amount to be paid to the retirement system under this chapter. b. The county board of supervisors shall forthwith pay to the board of trustees of the applicable retirement system the remaining amount to be paid from moneys in the county general fund. 4. From July1, 1986, the county board ofsupervisorsof the county inwhich thesheriff was elected shall deduct the contribution required of the member under section 411.8, subsection 1,paragraph “f”, from the member’s earnable compensation and the county shall pay from the county general fund an amount equal to the normal rate of contribution multiplied by the member’s earnable compensation to the applicable retirement system for the period inwhich the member remains sheriff or deputy sheriff of that county. §143
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