Labor & Employment (Retirement Benefits)

HF 261 would have repealed a requirement that the Iowa public employees’ retirement system must send written notices to members who leave their jobs before retiring. This notice would have included their account balance and explained options like rolling funds into another retirement plan. The bill directly affected Iowa public employees who terminate employment before retirement age. If passed, it would have eliminated this notification process, removing a specific communication obligation from the retirement system. The bill was introduced in February 2025 but withdrawn the same month after being substituted.