Labor & Employment (Retirement Benefits)

in committee · Iowa · House Feb 10, 2026

HF 2373: A bill for an act establishing a retirement savings plan trust, providing penalties, and including implementation provisions.

HF 2373 proposes a state-run retirement savings program for Iowa workers. It requires employers with five or more employees to automatically enroll eligible workers (aged 18+ working 120+ days annually) in a trust managed by the Iowa Treasurer, with a default contribution rate set by the Treasurer. Participants can opt out, adjust contribution levels, or choose from low-risk investment options, including a target date fund as the default. Employers must provide annual enrollment periods and educational materials about the program. The bill is currently in committee and aims to expand retirement savings access for Iowa workers through employer-based enrollment.

Topics ✓ Labor & EmploymentSupports Labor & EmploymentEstablishes mandatory retirement savings program for workers, expanding employment benefits under labor standards.95% confidence

Sub-Topics Retirement Benefits

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in committee · Iowa · House Feb 16, 2026

HJR 2011: A joint resolution proposing an amendment to the Constitution of the State of Iowa relating to benefits accrued under public retirement systems.

HJR 2011 proposes a constitutional amendment in Iowa to protect public retirement benefits. It would declare that membership in state or local government retirement systems creates an enforceable contract, making accrued retirement benefits (those earned by employees) legally protected from future reductions or changes. This amendment, if approved by voters, would build on existing constitutional language about contracts to specifically shield retirement benefits. The bill does not alter current benefits but prevents future legislative action that could diminish them. The resolution must first pass the legislature and be ratified by Iowa voters.

Topics ✓ Budget & TaxesSupports Budget & TaxesProtects accrued retirement benefits from future budget cuts, ensuring continued government spending on this obligation per constitutional contract.85% confidence ✓ Labor & EmploymentSupports Labor & EmploymentProtects public employees' accrued retirement benefits from reductions, directly advancing worker benefit security under Labor & Employment.95% confidence

Sub-Topics Pensions Retirement Benefits

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in committee · Iowa · House Jan 15, 2026

HF 2080: A bill for an act relating to bona fide retirement and subsequent employment as school district support staff under the Iowa public employees’ retirement system.

This bill changes Iowa's retirement system rules for public employees. It allows members who retire under the Iowa public employees' retirement system to return to work as school district support staff after receiving just one month of retirement benefits, instead of the current four-month waiting period. The change applies only to those whose retirement benefits begin in July 2026 or later. This directly affects Iowa public school employees who retire and later seek similar support staff positions within school districts.

Topics ✓ Labor & EmploymentSupports Labor & EmploymentReduces waiting period from 4 to 1 month for retirees to return to school support staff roles, enabling easier re-employment and strengthening retirement transition options for public employees.92% confidence

Sub-Topics Public Employees Retirement Benefits

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in committee · Iowa · House Mar 18, 2025

HSB 265: A bill for an act relating to benefits for members of the Iowa public employees’ retirement system who are employed in a protection occupation.

This bill (HSB 265) modifies retirement benefits for Iowa public safety workers (e.g., police, firefighters) in the state’s public employees’ retirement system. It increases retirement benefits for members retiring on or after July 1, 2025, by adding 0.625% per quarter of service beyond 22 years (capped at 20% total), compared to the current 0.375% (capped at 12%). It also allows earlier retirement at age 50 with 22 years of service (instead of age 55) and adds a 1.5% annual cost-of-living adjustment starting July 2025 for eligible retirees. The adjustment requires 22 years of service and age 50 at retirement, and excludes those receiving it from separate retirement dividends.

Topics ✓ Labor & EmploymentSupports Labor & EmploymentIncreases retirement benefits, allows earlier retirement, and adds cost-of-living adjustment for public safety workers, expanding worker benefits.95% confidence

Sub-Topics Retirement Benefits

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died · Iowa · House Apr 28, 2025

HF 967: 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.

HF 967 modifies the Iowa Public Employees' Retirement System (IPERS) benefits and contributions for members employed in a protection occupation. Effective July 1, 2025, it increases the employee contribution share from 40% to 50% and decreases the employer share from 60% to 50% of the required contribution rate. For those retiring on or after July 1, 2025, the bill enhances the monthly retirement benefit calculation for service beyond 22 years and allows retirement at age 50 with 22 years of service. Additionally, it establishes an annual 1.5% cost-of-living adjustment (COLA) for eligible members, beneficiaries, and annuitants retiring from a protection occupation on or after July 1, 2025.

Topics ✓ Labor & EmploymentSupports Labor & EmploymentEnhances retirement benefits for protection occupation members with improved calculation for service beyond 22 years and allows earlier retirement.90% confidence

Sub-Topics Retirement Benefits

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in committee · Iowa · House Mar 6, 2025

HF 818: A bill for an act relating to contribution rates to the Iowa public employees’ retirement system and the municipal fire and police retirement system.

HF 818 adjusts contribution rates for Iowa's public employees' retirement system (IPERS) and municipal fire/police retirement systems. It reduces employee contributions to 0% for members in protection occupations (fire/police) and sheriff/deputy sheriff roles starting July 1, 2025, shifting the full cost to employers (100% employer contribution). Previously, employees paid a portion (e.g., 9.4% through 2024), but this bill eliminates their required payments for these specific groups. The change applies to both the state IPERS system and municipal fire/police retirement systems.

Topics ✓ Labor & EmploymentSupports Labor & EmploymentEliminates employee retirement contributions for fire/police workers, increasing net benefits without wage changes, aligning with expanded worker benefits.90% confidence

Sub-Topics Retirement Benefits

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in committee · Iowa · Senate Feb 5, 2025

SF 185: A bill for an act establishing a retirement savings plan trust, and including implementation provisions.

SF 185 establishes a state-run retirement savings trust for Iowa workers, automatically enrolling employees (with a 5% default contribution rate) through payroll deductions unless they opt out. It applies to workers in Iowa who are subject to state wage withholding, with employers of 5+ employees required to facilitate payroll deductions but not to contribute. The trust operates under federal guidelines, prohibits employer ownership of contributions, and includes provisions for annual account reports, confidentiality of participant data, and explicit disclaimers that the state does not guarantee returns or cover losses.

Topics ✓ Labor & EmploymentSupports Labor & EmploymentAutomatically enrolls workers in retirement savings plan, expanding financial security benefits without employer contribution, directly supporting labor & employment standards.90% confidence

Sub-Topics Retirement Benefits

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