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Governor signs proclamation making it easier for some IPERS retirees to return to work

On March 26, 2020, Governor Reynolds signed a proclamation that allows some Iowans who retired from IPERS-covered employment to more readily return to work. 

The proclamation applies to licensed health care professionals who were previously employed by a hospital licensed pursuant to chapter 135B, any state or local government public health employee, any “protection occupation” employee as defined by Iowa Code § 97B.49B(1)(e), or any sheriff or deputy sheriff as defined by Iowa Code § 97B.49C(1)(b) or (c). 

The proclamation waives the time period before retirees can return to IPERS-covered employment and removes the limitation on annual earnings during reemployment. 

Retirees who are younger than age 70 are no longer subject to the bona fide retirement period that mandated that retirees could not return to work for an IPERS-covered employer until the retiree had received at least four monthly benefit payments.  

Retirees who are younger than age 65 are no longer required to pay back a portion of their IPERS benefit if they earn more than $30,000 annually. 

On May 26, 2020, Governor Reynolds signed a subsequent proclamation that extended the effective date of this provision to June 25, 2020, at 11:59 p.m. unless sooner terminated or extended by the Governor. 

More information: Read Section 25 in the full proclamation here.

Questions: Contact IPERS at 800-622-3849 or info@ipers.org.

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