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, when they terminate their covered employment before retirement. This change eliminates the requirement for the system to send such notifications to members' last known addresses.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.