ID H0364

Clarifies that police officer retirement benefit deductions apply to retired Idaho city police officers whose benefits are paid by a city, its agent, the public employee retirement system of Idaho, or to unremarried widows or widowers of such officers.

Specifies that the deduction applies to policemen's retirement funds that no longer admit new members and were either administered by a city on January 1, 2012, or administered by the public employee retirement system of Idaho on that date.

Defines "disabled" for purposes of the retirement benefit deduction as an individual who qualifies under section 63-701, Idaho Code, or as a person with a "permanent disability" under section 49-117(7)(b)(iv), Idaho Code.

Limits retirement benefit deductions to amounts not exceeding maximum Social Security benefits, adjusted annually based on consumer price index adjustments, with the deduction subject to additional limitations under section 63-3026A(6), Idaho Code.

Makes the act effective upon passage and approval with retroactive application to January 1, 2012, and declares an emergency.