Q&A: Furloughs, Bumping, and IPERS Benefits 2010-2012, June 20, 2010

(2010) Q&A: Furloughs, Bumping, and IPERS Benefits 2010-2012, June 20, 2010. Iowa Workforce Development

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Abstract

The new law makes the following changes: (a) Reduces IPERS benefits not yet earned by regular members and raises contributions for them above the rate set in current law. (b) Raises the limit on how much contributions for regular members can change each year from 0.5 percentage point to 1.0 percentage point. (c) Extends a provision for restoring wage credits for mandatory unpaid time and extends it to union bumping. Other changes are limited in scope and will not affect most members; some changes are merely technical.

Item Type: Departmental Report
Keywords: Furloughs, IPERS
Subjects: Business and industry > Employment
Business and industry
ID Code: 9744
Deposited By: Margaret Barr
Deposited On: 12 Jul 2010 14:16
Last Modified: 12 Jul 2010 14:16
URI: http://publications.iowa.gov/id/eprint/9744

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