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Bills › 91st General Assembly

HF 2069Died when the session ended · January 14, 2026

Providing an annual cost-of-living adjustment for members of the Iowa public employees’ retirement system

Sponsored by Rep. Jason Gearhart (R)

Topics:State governmentFamilies & human services

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Official bill pageLobbyist declarationsOne-pager to print

Where it is now

  1. Done: IntroducedJanuary 14, 2026
  2. Stopped: SubcommitteeDied when the General Assembly ended
  3. Next: House committeeFunnel: by February 20, 2026
  4. Next: Passes the House
  5. Next: Senate committeeFunnel: by March 20, 2026
  6. Next: Passes the Senate
  7. Next: To the Governor
  8. Next: Signed into law

Died when the session ended The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?

What’s in it

AI summary Starting July 1, 2026, people receiving monthly retirement payments from the Iowa public employees’ retirement system will get a yearly 1 percent increase to help with the cost of living. This change applies to active and inactive members, as well as their beneficiaries, as long as the member was at least 55 years old when they retired. Those who receive this yearly increase will no longer be eligible for certain retirement dividends.1

Read the official explanation

This bill establishes a cost-of-living adjustment (COLA) to the monthly retirement allowance for active and inactive members of the Iowa public employees’ retirement system, including members in regular service and protection occupations, and to beneficiaries and contingent annuitants, for retirements occurring on or after July 1, 2026. Beginning July 1, 2026, and on each July 1 thereafter, the monthly retirement allowance of such a member, beneficiary, or contingent annuitant shall be adjusted by adding to the monthly retirement allowance an amount equal to 1 percent of the monthly retirement allowance payable on that date. Such a member, beneficiary, or contingent annuitant is not eligible for the COLA unless the member has attained 55 years of age prior to the retirement date of the member.49F.49C).

Why it matters. Active and inactive members of the Iowa public employees’ retirement system, including those in regular and protection occupations, as well as their beneficiaries, would receive an annual cost-of-living adjustment to their monthly retirement allowances starting July 1, 2026. To qualify for these increases, members must reach a certain age before their retirement date. Those who receive these adjustments will no longer be eligible for retirement dividends.2

Full bill text3

Iowa Code it changes

Amends§97B.49A§97B.49B

How the Code works4

Lobbying

4 for · 0 against · 8 undecided · Who →