Relating to the Iowa public employees’ retirement system’s notification requirements to members

Where it is now

1. ✓
   Done: IntroducedJanuary 23, 2025
2. ✓
   Done: SubcommitteeJanuary 23, 2025
3. ✓
   Done: House committeeFebruary 5, 2025
4. ✓
   Done: Passes the HouseMarch 4, 202588–7
5. –
   Skipped: Senate committeeSkipped
6. ✓
   Done: Passes the SenateFebruary 11, 202547–0
7. ✓
   Done: To the GovernorMay 19, 2025
8. ✓
   Done: Signed into lawMay 19, 2025

SF 162 became law → The same legislation passed as SF 162, so this version was set aside. Go to SF 162 What’s a funnel?

What’s in it

AI summary Currently, the state must send a letter to public employees when they leave their jobs to tell them how much money is in their retirement accounts. This bill would stop that requirement. It means workers would no longer automatically receive a notice about their account balance or their options after they stop working.¹

Why it matters. Public employees who leave their jobs before they reach retirement age would no longer receive a notice at their last known address regarding their account balance and status. This notice would also stop explaining the different options available to them for their retirement accounts.²

Full bill text · What changed before it passed³

House subcommittee

Named January 23, 2025 (as HSB 73). On January 29, 2025 it recommended passage.

• Rep. Taylor R. Collins REmail
• Rep. Thomas M. Jeneary REmail
• Rep. Adam Zabner DEmail

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

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