ARC 0188D

ARC 0188D

IOWA PUBLIC EMPLOYEES’ RETIREMENT SYSTEM[495]

Notice of Intended Action

Proposing rulemaking related to contribution rates
and providing an opportunity for public comment

    The Iowa Public Employees’ Retirement System (IPERS) hereby proposes to amend Chapter 4, “Employers,” Iowa Administrative Code.

Legal Authority for Rulemaking

    This rulemaking is proposed under the authority provided in Iowa Code chapter 97 and sections 97B.4 and 97B.15.

State or Federal Law Implemented

    This rulemaking implements, in whole or in part, Iowa Code chapter 97B.

Purpose and Summary

    The purpose of this proposed rulemaking is to update and implement contribution rate changes for all member classes, as required annually by the Iowa Code. 

Regulatory Analysis

    A Regulatory Analysis for this rulemaking was published in the Iowa Administrative Bulletin on February 18, 2026. A public hearing was held on the following date(s):

     ?   March 10, 2026

Fiscal Impact

     IPERS’ enabling legislation requires that employer and employee contribution rates for each member class be updated every fiscal year.

Jobs Impact

    After analysis and review of this rulemaking, no impact on jobs has been found.

Waivers

    Any person who believes that the application of the discretionary provisions of this rulemaking would result in hardship or injustice to that person may petition IPERS for a waiver of the discretionary provisions, if any.

Public Comment

     Any interested person may submit written or oral comments concerning this proposed rulemaking, which must be received by IPERS no later than 4:30 p.m. on April 21, 2026. Comments should be directed to:

Public Hearing

     A public hearing, also accessible online, at which persons may present their views orally or in writing will be held as follows:

    Persons who wish to make oral comments at the public hearing may be asked to state their names for the record and to confine their remarks to the subject of this proposed rulemaking.

    Any persons who intend to attend the public hearing and have special requirements, such as those related to hearing or mobility impairments, should contact IPERS and advise of specific needs.

Review by Administrative Rules Review Committee

    The Administrative Rules Review Committee, a bipartisan legislative committee which oversees rulemaking by executive branch agencies, may, on its own motion or on written request by any individual or group, review this rulemaking at its regular monthly meeting or at a special meeting. The Committee’s meetings are open to the public, and interested persons may be heard as provided in Iowa Code section 17A.8(6).

    The following rulemaking action is proposed:

    ITEM 1.  Amend subrules 4.6(1) to 4.6(3) as follows:

    4.6(1) Contribution rates for regular class members.

    a.  The following contribution rates were established by the Iowa legislature for all regular class members for the indicated periods:

    b.  Effective July 1, 2012, and every year thereafter, the contribution rates for regular members shall be publicly declared by IPERS staff no later than the preceding December as determined by the annual valuation of the preceding fiscal year. The public declaration of contribution rates will be followed by rulemaking that will include a notice and comment period and that will become effective July 1 of the next fiscal year. Contribution rates for regular members are as follows.

    4.6(2) Contribution rates for sheriffs and deputy sheriffs are as follows.

    4.6(3) Contribution rates for protection occupations are as follows.