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IA HF261
IA HF261A bill for an act relating to the Iowa public employees' retirement system's notification requirements to members.(Formerly HSB 73.)
summary
Introduced
02/06/2025
02/06/2025
In Committee
Crossed Over
Passed
Dead
Introduced Session
91st General Assembly
Bill Summary
This bill repeals the Iowa public employees’ retirement system’s obligation to, upon a member’s termination of covered employment prior to the member’s retirement, send to the member’s last known address a notice that contains the balance and status of the member’s accounts and explains the member’s possible courses of action under Code chapter 97B.
AI Summary
This bill repeals Section 97B.53A of the Iowa Code for the year 2025, which currently requires the Iowa Public Employees' Retirement System (IPERS) to send a notice to members who terminate their covered employment before retirement. Specifically, the existing law mandates that IPERS send a notification to the member's last known address detailing the balance and status of their retirement accounts and explaining potential courses of action under Chapter 97B of the Iowa Code. By repealing this section, the bill eliminates the mandatory notification requirement, which means IPERS would no longer be legally obligated to automatically send such information to members who leave their covered employment before retiring. This change could potentially reduce administrative responsibilities for IPERS and may shift the burden of tracking retirement account information to the individual members themselves.
Sponsors (0)
No sponsors listed
Other Sponsors (1)
State Government (House)
Last Action
Withdrawn. H.J. 498. (on 03/04/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=HF261 |
| BillText | https://www.legis.iowa.gov/docs/publications/LGI/91/attachments/HF261.html |
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