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IA SSB3038
SB
Status
1/15/2026
Primary Sponsor
State Government
Click for details
AI Summary
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Allows the Iowa Public Employees' Retirement System (IPERS) to require electronic records and electronic signatures from members, removing the previous prohibition against mandatory electronic submissions.
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Authorizes IPERS to release member or beneficiary legal names to the State Treasurer to assist in locating individuals.
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Changes member statement requirements from an annual statement (due between January and June) covering the prior calendar year to a statement covering the prior four quarters provided during each calendar year.
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Adds a reloadable payment card as a new option for receiving monthly retirement allowance payments, with no administrative fee charged for this method.
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Takes effect immediately upon enactment.
Legislative Description
A bill for an act relating to matters under the purview of the Iowa public employees' retirement system, and including effective date provisions.(See SF 2297.)
Last Action
Committee report approving bill, renumbered as SF 2297.
2/11/2026