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HF 2345 Iowa House · 2025-2026 Regular Session

A bill for an act relating to matters under the purview of the Iowa public employees’ retirement system and the municipal fire and police retirement system, and including effective date provisions.

This bill (HF 2345) modifies Iowa's public employees' retirement system (IPERS) by allowing IPERS to share a member or beneficiary's legal name with the state treasurer to help locate them. It changes the requirement for IPERS to provide members with annual statements of retirement credits to quarterly statements covering the prior four months. The bill also adds a new payment option for retirees: receiving monthly retirement payments via a reloadable payment card without an administrative fee, alongside existing electronic deposits or paper warrants (which incur fees). These changes directly affect current and future IPERS members and retirees.
Bill status signed all 5 stages cleared
Introduction
Feb 2026
Committee Review
House Passage
Mar 2026
Senate Passage
Apr 2026
Signed into Law
Apr 2026
Introduced Feb 9, 2026 Signed Apr 16, 2026
Maddy AI version diff · 4 comparisons

What changed between versions

Enrolled with Governor's Action → Reprinted · 4 edits
MODERATE
This bill updates Iowa's public employee and municipal fire/police retirement systems by adding a new subsection to allow the release of member contact information to the state treasurer for locating lost members. It also clarifies payment options, mandating direct deposit while allowing paper warrants with an administrative fee, and adds a new paragraph to the municipal system's rules regarding contact information release. The effective date remains immediate upon enactment.
Scope change
The bill expands the scope of the Iowa Public Employees' Retirement System (IPERS) and the Municipal Fire and Police Retirement System by explicitly authorizing the release of member contact information to the state treasurer, a provision previously implied but not explicitly stated in the same manner.
REQUIREMENT

Added a new requirement for the IPERS to release the legal name and last known address of members or beneficiaries to the state treasurer to assist in locating them.

Added a new requirement for the Municipal Fire and Police Retirement System to release the legal name and last known address of members or beneficiaries to the state treasurer to assist in locating them.

Modified payment requirements to mandate direct deposit for monthly retirement allowances but allowed an alternative of paper warrants with an administrative fee, while also introducing a reloadable payment card option without fees.

TECHNICAL

Updated formatting and citation references to align with the 91st General Assembly and Code 2026 standards.

Floor votes · Senate Apr 1, 2026

How they voted

45–0
Passed · 4 other
Total votes 49
Apr 1, 2026
D Democratic15
14 Yea 1
93% Yea
R Republican34
31 Yea 3
91% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
14
Key actions
4
Committee
0
Amendments
2
Apr 16, 2026
Signed into law
Signed by Governor.
lower
Apr 1, 2026
Upper · Passed
Passed Senate, yeas 46, nays 0.
upper
Mar 5, 2026
Lower · Passed
Passed House, yeas 86, nays 0.
lower
Mar 5, 2026
Lower · Passed
Amendment H-8085 adopted.
lower
Mar 2, 2026
Introduced
Amendment H-8085 filed.
lower
Feb 9, 2026
Introduced
Introduced, placed on calendar.
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.