Iowa Public Employees' Retirement System (IPERS) is a $40+ billion retirement plan that aims to provide secure, lifetime pension benefits for Iowans working in public service (founded in 1953). The organization offers a defined benefit pension scheme to Iowa's teachers, city, county, and state employees, certain university employees and elected officials, and others, encompassing an impressive one in ten Iowans as IPERS members. In the fiscal year 2021, IPERS contributed significantly to Iowa's economy, returning $2.1 billion through benefits paid. The mission of IPERS is to administer a cost-efficient retirement plan that provides lifetime pension payments to public employees and serves to attract and retain a quality workforce. The industries IPERS operates in include Government and Military, as well as Human Resources. As of now, there is no specific information available about their headquarters or their last investment and investors.
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