Iowa Public Employees' Retirement System

Iowa Public Employees' Retirement System (IPERS) is a defined benefit public pension fund established in 1953, based in Des Moines, Iowa. It serves public employees within the state by providing retirement plans and benefits. IPERS organizes retirement planning sessions and workshops, offering resources such as information, forms, and reporting tools for employers to assist with pension reporting. With approximately $24 billion in assets under management, the fund invests in a diverse range of asset classes, including public equities, fixed income, real assets, and alternative investments like private equity and real estate. The allocation to alternative investments typically ranges from 5% to 12% of total assets, employing various strategies such as buyouts, distressed debt, and venture capital. IPERS adheres to ethical investment guidelines, avoiding companies involved in certain activities related to Iran, Sudan, or those that boycott Israel. The management of the fund is overseen by an executive team dedicated to ensuring the long-term sustainability of retirement benefits for its members.