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IA HF818
Bill
Status
3/6/2025
Primary Sponsor
Dave Jacoby
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AI Summary
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Reduces the employee contribution rate to 0% for Iowa Public Employees' Retirement System (IPERS) members employed in protection occupations or as county sheriffs and deputy sheriffs, effective July 1, 2025
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Shifts 100% of the required contribution rate to employers for IPERS members in protection occupations and sheriff positions, eliminating employee contributions for these categories
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Maintains the existing 40% employee / 60% employer contribution split for IPERS members in regular service
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Reduces the member contribution rate for Municipal Fire and Police Retirement System (MFPRS) members from 9.55% to 0%, effective July 1, 2025
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Establishes new contribution rate definitions effective July 1, 2025, replacing the previous rate structure that was in effect from July 1, 2011 through June 30, 2025
Legislative Description
A bill for an act relating to contribution rates to the Iowa public employees' retirement system and the municipal fire and police retirement system.
Last Action
Introduced, referred to State Government. H.J. 541.
3/6/2025