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ARNOLD-OLSON v. IOWA ELEC. LIGHT & POWER

No. 90-1422.

487 N.W.2d 686 (1992)

Helen ARNOLD-OLSON, Executor of the Estate of Henrietta Dows Arnold, Appellee/Cross-Appellant, v. IOWA ELECTRIC LIGHT AND POWER COMPANY, Appellant/Cross-Appellee.

Court of Appeals of Iowa.

May 28, 1992.

Attorney(s) appearing for the Case

Mark McCormick, Belin Harris Lamson & McCormick, A Professional Corporation, Des Moines, and Donald G. Thompson, Bradley & Riley, P.C., Cedar Rapids, for appellant.

David A. Hacker and Stephen J. Holtman, Simmons, Perrine, Albright & Ellwood, Cedar Rapids, for appellee.

Heard by HAYDEN, P.J., and SACKETT and HABHAB, JJ.

HAYDEN, Presiding Judge.

Duane Arnold and Henrietta Dows Arnold were husband and wife. Prior to his death, Duane was president and chairman of the board of Iowa Electric Light and Power Company (IE). Duane participated in two retirement plans with IE. The basic pension plan provided Henrietta with a yearly pension for the duration of her life following Duane's death. The deferred compensation plan was intended to provide a supplemental retirement income. This plan...

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