PE 431 - Retirement Programs

Employees for whom it is required to provide a retirement system will have the option of being members of the Iowa Public Employees Retirement System (IPERS). Employee and employer contributions will be made in accordance with the IPERS-mandated contribution rates.

or an Optional Retirement Plan with Teachers Insurance and Annuity Association (TIAA) under the 403(a)-414(h)(2) plan document administered by the Community Colleges for Iowa.

Employee and employer contributions will be made in accordance with the IPERS-mandated contribution rates.

DATE OF ADOPTION: 3/14/94
REVISED: 9/15/97; 4/16/12; 12/10/18
REVIEWED: 5/15/00; 5/19/03; 12/18/06; 8/17/15; 08/21/23
LEGAL REFERENCE: (Code of Iowa) 97B.11, .42; 260C.14#17
RELATED ADMINISTRATIVE PROCEDURES: