The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1914-11-08
x.ekuk Delegation is Interested In
pension Bill Which Is Accepted
BY Convention In Session
Friday.
HAYDEN ON COMMITTEE
local Supervisor 10 Ono Of Members
Of Body Which Drafted Meas-
ure Which Goes 70
Legislature.

Legislature.
One thing which vitality interests
and concerns the teachers Of Keo-
| knk. and which was taken up 1T the
| Iowa state teachers convention. is
| the report OF the teachers retirement
| fund committe. according to Superin-
| tcndant William Aldrich who re-
turned yesterday afternoon from Des
Monies. where he has been attending
the sessions. r. c. Hayden, super
visor Of music n the local schools,
is member OF. the committee draft
Ing the bill. He returned yesterday
morning.
The teachers retirement fund COM
mittee submitted report embodying
4 proposed bill for teachers pensions.
The report was adopted at the con-
yention session Friday evening, and
| the committee was continued for an
other year and given $500 to use in
| its work. The indorsing of the COM
| mittee's recommendations means that
| the next step Is to take the bill to tine
| legislature this winter
That the chances for the bill being
passed at this session are good is the
belief or the local teachers. J. G.
/ Grason Of Council Bluffs, secretary
| Of the committee. is also elected to
the legislature. The friends OF the
bill have been elected this fall in
places where there was a contest, and
one very especial opponent to the
measure was defeated.
Funds Are Created.
The bill which was proposed by
the committee Of seven, provides for
the creation of a permanent fund
which shall be permanent. After June
L. 1916. every teacher in the state
shall pay annually to the county SUI
ray'ntsnd dent OF schools at the time
CT registration Of teachers certifi-
cate. as follows: teachers Of less than
six years service, 50; teachers OF six
to fifteen years service, Sc, and
teachers Of more than fifteen years
experience, $3.50, until the total pay
ments shall aggregate the sum Of
$500. Certificates showing that this
amount was paid Will be issued. On
retirement, the teachers shall pay
$3.50 more, niakinga a total Of ;400
A current fund is provided for by
the state executive council, levying
tax to not exceed three-tenths OF a
mill on the dollar ON all taxable prop.
erty in the state.
Provides Reimbursement
Section five OF sthe bill provides
that any teacher Who has completed
Twenty-Five or more years OF service,
not less than fifteen OF which shall
have been in the state, may retire al
the age Of fifty to fifty-four years in
elusive, upon a life annuity of $500:
at the age OF fifty-fiye to ffty-nine
years, upon life annuity OF $3.50;
and any teacher having had twenty
or more years of service in this
state and having reached the age of
SIXTY years, may retire upon life
annuity Of $500.
Section six provides for the retire
nent of teachers because Of disabil-
Ivy. The teacher may be retired up
on such proportion Of the regular an
nuity as the number of years taught
shall bear to 25, the $4eO fund con-
tribution to the permanent fund to be
made as provided in this act
Can ee Exempted.
Section nine provides that retire
ments may be made any time after
the passage Of the act, but no retire
Mant can become effective before
September l.. 1916. Teachers en-
rloyed in the state shall have the
right, up to June ], 1916, to state
whether or not they will come within
the provisions Of the law. II they do
not wish to come under the law, they
can be exempted by filing written no.
lice II no notice is filed. it will be
understood the teachers come under
the provisions.
No heirs, legatees, creditors or as
signees shall be entitled to the mon
ey and the fund shall be guaranteed
from garnishment or execution.
There were about fourteen Keokuk
teachers in attendance at the con-
vention. Tie sessions proved help
1ul, and the time spent in listening
10 the lectures and in various dis
cussions will prove of aid to the work
IN the future, it IL believed.