Bill
HF 261
HF 261 would repeal IPERS 97B.53A, removing the required pre-retirement termination notices (balance, status, and options). The bill was withdrawn; no change enacted.
Status: Withdrawn
Introduced: February 6, 2025
Legislative actions: SF 162 substituted (March 4, 2025); Bill withdrawn (March 4, 2025)
Purpose and main intent
- HF 261 proposed to repeal a provision of the Iowa Public Employees’ Retirement System (IPERS) that requires certain notices to be sent to members.
- Specifically, it would repeal Code section 97B.53A, which currently obligates IPERS to notify a member who terminates covered employment before retirement. The notice would have included the member’s account balance and status and explained possible courses of action under Code chapter 97B.
What the bill would do (key provisions)
- Section 1: Repeal of 97B.53A, thereby eliminating IPERS’ obligation to mail to a member’s last known address a notice containing:
- The balance and status of the member’s IPERS accounts
- Explanations of potential post-termination options under Chapter 97B (e.g., retirement, refunds, rollovers)
- The repeal would remove the statutory requirement for IPERS to provide those specific pre-retirement termination notices.
Who would be affected
- Primary: IPERS and its administration, which would no longer be bound to issue the specified notice upon a member’s termination before retirement.
- IPERS members who terminate employment prior to retirement, who would potentially lose routine formal notice about their current account status and available options under 97B.
- Indirectly, potential impacts on member awareness and planning for retirement options, depending on whether alternative communications or notices remain in place.
Procedural and timeline notes
- The bill was introduced on February 6, 2025, and initially placed on the calendar.
- On March 4, 2025, SF 162 substituted the measure; the same day, HF 261 was withdrawn and did not advance as enacted legislation.
- As a result, the repeal of 97B.53A did not take effect, and the current statutory obligation to notify remains in place unless enacted through another bill.
Potential implications and context
- If enacted, removing the notification requirement could reduce administrative duties and costs for IPERS but may affect member awareness of account status and available options after termination.
- The repeal would be a change in how IPERS communicates with terminated employees and could shift emphasis to other forms of communication or to general member guidance outside of the statutory notice.
Note: This summary reflects the bill as introduced and the subsequent actions showing withdrawal. There is no enacted change to IPERS notification requirements from HF 261.
Compiled from official sources — confirm details with the bill’s official record.
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