90th General Assembly · Iowa Funnel one-pager · Tuesday, November 10, 2026
HF 2123: Concerning special service members of the Iowa public employees’ retirement system by establishing a deferred retirement option plan
Died when the session ended · The 2024 session adjourned on April 19, 2024, the General Assembly’s last regular session. Bills that didn’t pass both chambers died.
What it does
This bill concerns special service members of the Iowa public employees’ retirement system (IPERS) created in Code chapter 97B.50B establishes a deferred retirement option plan (DROP) for special service members of IPERS. The new Code section provides that special service members of IPERS who are at least years of age and have at least years of service are eligible to participate in the DROP plan. The DROP plan provides that an eligible member can delay retirement, continue working for a set number of additional years, and have a portion of the retirement allowance they otherwise would have received if they had retired instead of participating in the DROP plan deposited in an account that is then distributed to them when they eventually retire.
Sponsors
Not listed
Cost
No fiscal note
Lobbying · 1 for, 0 against
For: City of Waukee
In plain words
- January 24, 2024Filed in the House and sent to the State Government committee
From public records at legis.iowa.gov, compiled by Iowa Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Tuesday, November 10, 2026. https://iowafunnel.com/bills/90/HF2123