A bill for an act relating to benefits and contributions for members of the Iowa public employees' retirement system who are employed in a protection occupation. (Formerly HF 967, HSB 265.) Effective date: 07/01/2026.

Also relevant to:Senior (65+, Medicare/SS)

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Plain-English Summary

This bill changes how retirement benefits and contributions work for certain public employees in protection occupations in Iowa. Starting July 1, 2025, these employees will contribute 50% of their required rate, and their employers will contribute the other 50%. The bill also increases the potential retirement benefit for those with more than 22 years of service and allows retirement at age 50 with 22 years of service. Additionally, it introduces a 1.5% annual cost-of-living adjustment to retirement benefits for those retiring on or after July 1, 2025, provided they meet certain service and age requirements.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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Sponsorship · 1 Sponsor

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