Iowa Administrative Code
Agency 495 - Iowa Public Employees' Retirement System
Chapter 14 - Death Benefits and Beneficiaries
Rule 495-14.11 - No Interest on Postretirement Death Benefits
Universal Citation: IA Admin Code 495-14.11
Current through Register Vol. 47, No. 6, September 18, 2024
Interest is only accrued on a member's death benefit if the member dies before the member's first month of entitlement (FME) or, for a retired reemployed member, before the member's reemployment FME, and is only accrued with respect to the retired or retired reemployed member's accumulated contributions account.
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