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Iowa Republicans Plan To Dismantle IPERS [View all]
https://blogforiowa.com/2017/12/11/iowa-republicans-plan-to-dismantle-ipers/Posted on December 11, 2017 by Trish Nelson
For the 2018 session, Iowa Republicans already have filed legislation to mess with the retirement of hundreds of thousands of public employees.
Senate File 45 would begin to dismantle IPERS and other Iowa public retirement programs by blocking new Iowa workers from joining them as of July 2019.
It would also require studies on transforming IPERS into a risky “defined contribution” plan, one subject to the whims of the stock market.
This Monday, December 11, Iowa State Treasurer Michael Fitzgerald and Senator Matt McCoy are holding a 1 PM Statehouse news conference on the threats that IPERS and other retirement programs face in the 2018 session of the Iowa Legislature.
Video of the news conference will be available on the Iowa Senate Democrats Facebook page.
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