About
IPERS is dedicated to supporting our members, including answering your most frequently asked questions. Each month IPERS creates the following list of questions members are asking with frequency by phone, email and social media. The list is updated as questions are received. Before you contact IPERS by phone or email, read this page; it may offer the information you need.
When will I receive my Annual Benefits Statement?
FY2023 Annual Benefits Statements will begin mailing in batches on approximately March 21, 2024.
February 2024
I’ve heard there is a bill in the legislature that establishes a cost of living increase for IPERS members. Is that true? (Information as of 2-26-24)
There is one bill (HF 2533) that the legislature is currently considering that would enhance benefits for Sheriff/Deputy Sheriff members ONLY. The benefit enhancements include, 1) Increasing the multiplier that determines the amount of the retirement benefit from a maximum of 72% to a maximum of 80%. 2) Establishing an annual 1.5% COLA. IPERS did not instigate this bill, although we are monitoring it and have provided information about its fiscal impact. IPERS has not registered for or against the bill; IPERS’ role is to implement legislation as directed by the legislature and the Governor. If the bill is successful, Sheriff/Deputy Sheriff members and their employers will likely pay higher contribution rates. No other membership groups will pay for these benefit enhancements. Members who are concerned or have questions about the bill should talk to their local elected official or to their representative(s) on IPERS’ Benefits Advisory Committee. Members may follow the bill on the legislature’s website. IPERS will post updates as they are available.