Inside IPERS and Pensioners’ Post, Winter 2004-2005

(2004) Inside IPERS and Pensioners’ Post, Winter 2004-2005. Iowa Public Employee Retirement System

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Abstract

I am pleased to send you this special edition newsletter, which includes a fi nancial summary on pages 2 and 3. Providing you fi nancial and performance information refl ects my commitment to accountability. IPERS’ performance continues to be strong, as does the commitment of the Governor, Legislature, employers, members, the Investment Board, the Benefi ts Advisory Committee (BAC), and staff to maintaining a good retirement plan. Unfortunately, IPERS’ good performance and everyone’s commitment does not eliminate the need for a contribution rate increase. There are many reasons for this. We must make up for losses from the recent bear markets. Also, our retirees are living longer; therefore, they are drawing pensions longer.

Item Type: Departmental Report
Keywords: Retirement, Penisions, Iowa Employee,
Subjects: Business and industry
Business and industry > Investment
State government > State agencies
ID Code: 14688
Deposited By: Margaret Barr
Deposited On: 21 Jun 2013 16:16
Last Modified: 21 Jun 2013 16:16
URI: http://publications.iowa.gov/id/eprint/14688