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IA HF2069
Bill
Status
1/14/2026
Primary Sponsor
Jason Gearhart
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AI Summary
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Establishes a 1% annual cost-of-living adjustment (COLA) for Iowa Public Employees' Retirement System (IPERS) members who retire on or after July 1, 2026, applied each July 1 to their monthly retirement allowance.
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Covers both regular service members and protection occupation members, as well as their beneficiaries and contingent annuitants.
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Requires members to have attained age 55 prior to termination of employment to be eligible for the annual COLA.
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Recipients of the new annual COLA are ineligible for retirement dividends under Code section 97B.49F.
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Current law already provides a similar 1.5% annual adjustment for retired sheriffs and deputy sheriffs under Code section 97B.49C.
Legislative Description
A bill for an act providing an annual cost-of-living adjustment for members of the Iowa public employees' retirement system.
Last Action
Introduced, referred to State Government. H.J. 79.
1/14/2026