Repeals the requirement for the Iowa public employees' retirement system to notify members of their account balance and options upon termination.

This bill repeals the Iowa public employees' retirement system's obligation to notify members of their account balance and status, as well as their possible courses of action, upon termination of covered employment before retirement. The notification, which was previously sent to the member's last known address, included details about the member's accounts and explained the member's options under Code chapter 97B.

Repeals the requirement for the Iowa public employees' retirement system to notify members of their account balance and options upon termination.

This bill repeals the Iowa public employees' retirement system's obligation to notify members of their account balance and status, as well as their possible courses of action, upon termination of covered employment before retirement. The notification, which was previously sent to the member's last known address, included details about the member's accounts and explained the member's options under Code chapter 97B.