Bills › 91st General Assembly
Relating to benefits and contributions for members of the Iowa public employees’ retirement system who are employed in a protection occupation
Sponsored by the House State Government Committee
Topics:Jobs & workersTaxes
Where it is now
- Done: IntroducedFebruary 27, 2025
- Done: SubcommitteeFebruary 27, 2025
- Done: House committeeMarch 6, 2025
- Done: Passes the HouseApril 24, 202589–0
- Done: Senate committeeFebruary 12, 2026
- Done: Passes the SenateApril 21, 202644–0
- Done: To the GovernorMay 11, 2026
- Done: Signed into lawJune 2, 2026
Became HF 1023 → Its progress continues under the new number. Go to HF 1023 What’s a funnel?
What’s in it
This bill modifies the Iowa public employees’ retirement system (IPERS) benefits and contributions for members employed in a protection occupation. The bill increases the amount a member of IPERS who is employed in a protection occupation is required to contribute to IPERS from percent to percent of the required contribution rate and decreases the applicable employer percentage for an employer of an IPERS member who is employed in a protection occupation from percent to percent of the required contribution rate.
Read the full explanation
The monthly retirement benefit under IPERS for a member of a protection occupation is calculated by multiplying the retiree’s applicable covered wage by a percentage.375 percent up to a maximum of additional percentage points for calendar quarters of service beyond years of service.625 percent for each calendar quarter of service beyond years of service up to a maximum of additional percentage points. The bill provides that a member of a protection occupation may elect to retire at years of age with years of service and receive the monthly retirement allowance under current law, rather than at age 55. The bill establishes a cost-of-living adjustment (COLA) to the monthly retirement allowance for active and inactive members and to beneficiaries and contingent annuitants for retirements occurring on or after July 1, 2025.5 percent of the monthly retirement allowance payable on that date. Such a member, beneficiary, or contingent annuitant is not eligible for the COLA increase unless the member has years of eligible service and attained years of age prior to the retirement date of the member.49F.
From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Changed since by amendment S-5011; see Amendments. Full bill text · What changed before it passed
House subcommittee
Named April 8, 2025. On April 9, 2025 it recommended passage.
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
5 written public comments to its subcommittee: May 12, 2025 (3), April 9, 2025 (2) · on the Legislature’s site
Fiscal note
Cost: up to $3,400 Compare with other bills
55%. 5 million, or approximately $1,100 per employee. Beginning in FY 2028, the full impact of the Bill will take effect as detailed below. 44%. 27% for the employee for the IPERS Protection Occupation membership group. 125% for employers) for the IPERS Protection Occupation membership group. 96%. 4 million for the employee group, or $2,900 per employee.
The estimate held steady
The largest dollar figure in each version’s summary.
- Final Fiscal Note — IPERS Protection Occupations, Credit and Annual Adjustments · May 22, 2026 · $2,900
- IPERS Protection Occupations, Credit and Annual Adjustments · April 22, 2026 · $2,900
- IPERS Protection Occupations, Credit and Annual Adjustments · April 23, 2025
- IPERS Protection Occupations, Credit and Annual Adjustments · March 27, 2025
- IPERS Protection Occupations, Credit and Annual Adjustments · March 26, 2025
Nonpartisan cost estimates from the Legislative Services Agency’s Fiscal Services Division. The newest is first. Reading a fiscal note
Iowa Code it changes
Read from the bill as introduced. Each links to every bill touching that chapter of the Iowa Code. How the Code works
Lobbying
14 for · 1 against · 14 undecided · Who →
Family tree
Where this legislation came from and where it went: earlier tries, the versions it moved through this Assembly, and later bills built on it.
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91st General Assembly
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