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Reynolds won't deny Republicans plan to Gut IPERS benefits [View all]
Heads Up! According to State Treasurer Fitzgerald, there is a Republican bill sitting in the Iowa House that would "Hybridize" the IPERS pension plan. In effect, new employees would be offered 401K plans instead of current IPERS benefits. This would under fund current IPERS benefits and run the fund out of monies within 15 years. Reynolds has not taken a stand against this bill.
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