All Roll Calls
Yes: 132 • No: 0
IowaHF 234591st General Assembly (2025–2026)HouseWALLET
A bill for an act relating to matters under the purview of the Iowa public employees’ retirement system and the municipal fire and police retirement system, and including effective date provisions. (Formerly HSB 585.) Effective date: 04/16/2026.
Sponsored By: COMMITTEE ON STATE GOVERNMENT
Signed by Governor
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 1 benefits, 0 costs, 2 mixed.
Iowa retirees gain fee-free pension cards
Beginning April 16, 2026, Iowa Public Employees’ Retirement System retirees can choose monthly payments on a reloadable card. The system cannot charge an administrative fee for the card, and direct deposit remains free and the default. Retirees can still choose paper payment warrants, which may carry a processing fee. The system may waive that fee for good cause or deduct it from the monthly pension before payment.
Iowa pension statements lose July deadline
Beginning April 16, 2026, Iowa Public Employees’ Retirement System members still receive statements after each calendar year ends. Statements must show accumulated contributions and benefit credits earned over the prior four quarters. The law removes the July 1 delivery deadline for the following year. Statements may also estimate benefit credits at the member’s projected normal retirement date. Reported yearly wages and payment periods are treated as final for pension purposes, subject to existing legal exceptions.
Iowa pensions can share member details
Beginning April 16, 2026, Iowa’s public employee and municipal fire-and-police pension systems can share limited personal details. They may give the state treasurer a member’s or beneficiary’s legal name and last-known city. Sharing is allowed only to help the pension system locate that person. This does not change pension eligibility or payment amounts.
Sponsors & Cosponsors
Sponsor
COMMITTEE ON STATE GOVERNMENT
Affiliation unavailable
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
Senate vote • 4/1/2026
Passed Senate
Yes: 46 • No: 0
House vote • 3/5/2026
Passed House
Yes: 86 • No: 0
Actions Timeline
Signed by Governor.
4/16/2026HouseReported correctly enrolled, signed by Speaker and President, and sent to Governor.
4/16/2026HouseMessage from Senate.
4/1/2026HouseImmediate message.
4/1/2026SenatePassed Senate, yeas 46, nays 0.
4/1/2026SenateSubstituted for SF 2297.
4/1/2026SenatePlaced on calendar under unfinished business.
3/19/2026SenateRead first time, attached to SF 2297.
3/9/2026SenateMessage from House.
3/9/2026SenateImmediate message.
3/5/2026HousePassed House, yeas 86, nays 0.
3/5/2026HouseAmendment H-8085 adopted.
3/5/2026HouseAmendment H-8085 filed.
3/2/2026HouseIntroduced, placed on calendar.
2/9/2026House
Bill Text
As Introduced
Enrolled
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