This bill proposes the repeal of Section 97B.53A from the Iowa Code, which currently mandates that the Iowa public employees retirement systems notify members of their account balance and status upon termination of covered employment prior to retirement. The notice is required to be sent to the member's last known address and must also outline the possible courses of action available to the member under Code chapter 97B.

By eliminating this requirement, the bill effectively removes the obligation for the retirement systems to provide this information to members, potentially impacting their awareness of their retirement account status and options following employment termination.

Statutes affected:
Introduced: 97B.53A