Chapter 353G — Plan and Fund Creation

353G.01 Definitions This section defines key terms used throughout the volunteer firefighter retirement chapter, including 'volunteer … 353G.02 Plan and Fund Creation This section creates the statewide volunteer firefighter retirement plan and fund, which includes both a defined … 353G.03 Statewide Volunteer Firefighter Plan Advisory Board This section establishes an advisory board for the statewide volunteer firefighter retirement plan and defines its … 353G.04 Information From Municipalities and Fire Departments This section designates the State Board of Investment as the entity responsible for investing the assets of the … 353G.05 Plan Coverage Election This section establishes how municipalities and firefighting corporations elect to join the statewide volunteer … 353G.06 Disestablishment of Prior Firefighters Relief Association Special Fund Upon Retirement Coverage Change This section describes the contributions required from participating employers (municipalities and firefighting … 353G.07 Service Credit for Pension Benefit Accrual or Contribution Allocation This section establishes how volunteer firefighters earn service credit in the statewide plan, including certification … 353G.075 Service Credit for Vesting This section addresses service credit purchases and transfers for volunteer firefighters entering the statewide plan, … 353G.08 Plan Funding; Disbursements This section establishes how benefits vest in the statewide volunteer firefighter retirement plan, setting the schedule … 353G.082 Funding of Fire Department Accounts and Annual Allocation to Individual Accounts in Defined Contribution Plan This section governs individual accounts in the defined contribution plan, including how contributions, forfeitures, and … 353G.085 Authorized Disbursements This section sets benefit levels for fire departments participating in the defined benefit plan, including how … 353G.09 Retirement Benefit Eligibility This section covers disability benefits available to volunteer firefighters under the statewide plan who become disabled … 353G.10 Leaving Firefighting Service Before Reaching Normal Retirement Age This section provides survivor and death benefits to the beneficiaries of volunteer firefighters who die while in … 353G.11 Lump-sum Division Service Pension Levels This section governs modifications to the retirement benefit plan document for fire departments in the monthly division … 353G.112 This section addresses how fire departments may change between the defined contribution plan and the defined benefit … 353G.114 Ancillary Benefits and Supplemental Benefits This section establishes rules for fire departments that withdraw from or dissolve their participation in the statewide … 353G.115 Disability Benefit Coverage; Authority for Disability Insurance This section covers the consolidation of fire departments and how consolidation affects participation in the statewide … 353G.12 Survivor Benefit This section establishes the actuarial valuation requirements for the statewide volunteer firefighter retirement plan, … 353G.121 This section provides supplemental actuarial and financial reporting requirements for the statewide volunteer … 353G.13 This section governs the allocation of state aid to the statewide volunteer firefighter retirement plan and how it is … 353G.14 Distributions This section establishes how retirement benefits are paid out to members, including lump-sum payments from the lump-sum … 353G.15 This section governs the tax treatment and exemptions applicable to benefits paid from the statewide volunteer … 353G.16 Exemption From Process This section establishes provisions for the deferred retirement option for volunteer firefighters who continue serving … 353G.17 Transfer Authorized This section addresses the handling of unclaimed benefits and accounts in the statewide volunteer firefighter retirement … 353G.18 Termination of Participation and Distribution of Benefits This section protects retirement benefits from creditors and legal process, establishing that plan benefits cannot be … 353G.19 Conversion to Defined Contribution Plan This section contains miscellaneous provisions for the statewide volunteer firefighter retirement plan, including …