Iowa Code (Last Updated: December 05, 2016) |
Title IX. LOCAL GOVERNMENT |
Chapter 411. RETIREMENT SYSTEM FOR POLICE OFFICERS AND FIRE FIGHTERS |
Section 411.24. Payment to representative payee.
Latest version.
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1. Adults. When it appears to the system that the interest of an applicant entitled to a payment would be served, certification of payment may be made, regardless of the legal competence or incompetence of the individual entitled to the payment, either for direct payment to the applicant, or for the applicant’s use and benefit to a representative of an applicant. Payments under this section shall be made in accordance with rules adopted by the board.
2. Minors. Payments on behalf of minors shall be made in accordance with rules adopted by the board.
3. Finality. Any payments made under the provisions of this section shall be a complete settlement and satisfaction of any claim, right, or interest in and to such payment.