The IPERS plan is a defined benefit plan. The retirement income is determined by a formula based on years of service and the salary earned. Defined benefit plans are sometimes called traditional pension plans. The rules governing the operation of IPERS are controlled by the State of Iowa legislature. Changes are communicated by IPERS directly to members.
United States
$43
29.63
Gregory S. Samorajski
Sriram Lakshminarayanan
Phyllis Peterson
22% Domestic Equity
17.5% International Equity
6% Global Smart Beta Equity
26% Core-Plus Fixed Income
4% Public Credit
1% Cash
13% Private Equity
3% Private Credit
7.5% Private Real Assets
Asset allocation as of June 30, 2021. All information is as per the most recent annual report or other publicly available data via the fund's website
