New IPERS Members Iowa Public Employees’ Retirement System, February 2012

(2012) New IPERS Members Iowa Public Employees’ Retirement System, February 2012. Iowa Workforce Development

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Abstract

The IPERS plan is a defined benefit pension plan. The lifetime monthly benefit you receive is predictable and stable because it is calculated using a formula. Your benefits grow with you throughout your IPERS-covered employment. As your years of service and salary increase, your IPERS benefits grow too. IPERS, a public agency, was established for the sole purpose of providing a retirement plan to public employees throughout Iowa. As a public agency, IPERS’ goals are aligned with members’. IPERS benefits are designed to supplement personal savings and Social Security benefits in retirement. Benefits also offer financial protection for families in the event of death or disability.

Item Type: Departmental Report
Keywords: New Members, IPERS
Subjects: Business and industry > Employment
Business and industry
ID Code: 12844
Deposited By: Margaret Barr
Deposited On: 11 Apr 2012 15:49
Last Modified: 11 Apr 2012 15:49
URI: https://publications.iowa.gov/id/eprint/12844