Iowa · IPERS · Which plan am I in?

Are you in IPERS?

IPERS is the Iowa Public Employees' Retirement System. If you work for an Iowa school district, you're almost certainly a Regular member, and there's one set of Regular rules, with a few that changed on July 1, 2012.

Iowa specificsIowa teachers and school employees are IPERS Regular members: one plan, no tiers, joined automatically on your first day of covered pay. Members pay 6.29% of pay and you're vested after 7 years. Regents university and community college staff may choose an alternative plan. The benefit comes from the formula; leaving early is on refund or wait; estimate yours in the calculator.

Regents universities and community colleges

Employees of the Regents institutions and community colleges may elect out of IPERS. If eligible to choose between IPERS and an alternative plan, they must choose the alternative plan within 60 days of hire (or of becoming eligible) or IPERS coverage becomes irrevocable. K-12 school district employees are not on this list. Member Handbook (2025), p. 5, Optional Membership

What changed on July 1, 2012

Regents universities and community colleges (Iowa IPERS)
RuleBefore July 1, 2012From July 1, 2012
Vesting4 years, or age 55 while working7 years, or age 65 while working
Average salaryHighest 3 yearsHigher of the 2012 high-3 and your high-5
Early cut3% a year, to your closest normal retirement date6% a year, to 65

The vesting and average-salary columns are by when you were vested or start benefits; the early cut is split by when you earned each year. Member Handbook (2025), p. 17, How to Become Vested Member Handbook (2025), pp. 41-42, Average Salary Member Handbook (2025), p. 35, Early Retirement; p. 42, Early-Retirement Reduction

What you and your employer pay

What you and your employer pay (Iowa IPERS)
PeriodYouEmployerTotal
July 1, 2025 to June 30, 20266.29%9.44%15.73%
July 1, 2026 to June 30, 20276.29%9.44%15.73%
July 1, 2027 to June 30, 20286.29%9.44%15.73%

Next: the benefit formula, the Rule of 88, or the calculator.

Common questions

Are Iowa teachers in IPERS?

Yes. IPERS covers most employees of Iowa's schools, teachers included. Unless you work in a sheriff or protection occupation job, you're a Regular member.

Does IPERS have tiers?

No. There's one Regular plan. But some rules changed on July 1, 2012: vesting, the average salary and the early-retirement cut.

Source: IPERS Member Handbook, Updated July 2025, pp. 3, 4, 5, 6, 11, 17, 35, 41-42. Also: IPERS web pages. Last reviewed .