IPERS Advisory Committee Makes Recommendations

By |2009-11-10T11:08:10-05:00November 10th, 2009|Categories: Education, Jobs & Economy|Tags: , , |

The Benefits Advisory Committee (BAC) of the Iowa Public Employees Retirement System (IPERS) has agreed on recommendations to the Legislature to deal with the long-term funding concerns facing the system. The committee’s recommendations to the Legislature include the following: 1. Increase the combined employer/employee contribution rate to 13.45% effective July 1, 2011. Under current law, the [...]