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    IPERS' New Video Library

    Explore our new videos that answer some of your most common questions. 

    Watch Now

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    The most important thing IPERS does is pay benefits

    More than 380,000 Iowans rely on IPERS to provide secure retirement benefits.

    About Us

Retirement Planning

Are you within five years of retirement?
It's time to connect with the IPERS team.

FY2021 Annual Report

A 126-page comprehensive report on IPERS. 

FY2021 Annual Report cover

  • $40.1
    Billion
    IPERS Trust Fund
  • 381,000
    IPERS members
  • One in 10
    Iowans
    do or will depend on IPERS as
    part of their retirement income
  • $2.1
    Billion
    Benefits paid annually to
    retirees living in Iowa.
  • $2.4
    Billion
    Benefits paid annually
  • 70%
    Investment income
    pays the majority
    of IPERS' benefits.
  • 64
    Average age
    at retirement.
  • 23
    Average years
    of service
    at retirement.
  • $18,288
    Average annual benefit
  • 1953
    IPERS is created
    by the Iowa legislature.
Calendar
Embedded calendar Category
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Calendar
November 30, 2022 08:00 AM-November 30, 2022 04:00 PM
Direct Deposit
Retirees
Des Moines
December 01, 2022 08:30 AM-December 01, 2022 12:00 PM
Meeting
Investment Board
Des Moines
December 01, 2022 11:15 AM-December 01, 2022 12:15 PM
Meeting
Benefits Advisory Committee
Online
December 08, 2022 09:00 AM-December 08, 2022 03:00 PM
Creating a Secure Retirement
Member
Online
For all IPERS members within five years of retirement and their spouses.
December 15, 2022 09:00 AM-December 15, 2022 03:00 PM
Ready Set Retire
Member
Online
For state of Iowa employees within five years of retirement and their spouses.

Contribution Rates

Blank header Member Share Employer Share Total
Regular Members
7/1/22 – 6/30/23 6.29% 9.44% 15.73%
7/1/23 – 6/30/24 6.29% 9.44% 15.73%
Sheriffs and Deputy Sheriffs
7/1/22 – 6/30/23 8.76% 8.76% 17.52%
7/1/23 – 6/30/24 8.51% 8.51% 17.02%
Protection Occupations
7/1/22 – 6/30/23 6.21% 9.31% 15.52%