Iowa § 97D.5 - 97D.5 Public retirement systems — annual actuarial valuations — required information.
Full text of Iowa Iowa Code § 97D.5 — 97D.5 Public retirement systems — annual actuarial valuations — required information., with citation guidance and answers to common questions.
§ 97D.5. 97D.5 Public retirement systems — annual actuarial valuations — required information.
1. For purposes of this section, “public retirement system” means the public safety peace officers’ retirement system created in chapter 97A, the Iowa public employees’ retirement system created in chapter 97B, the statewide fire and police retirement system created in chapter 411, or the judicial retirement system created in chapter 602. 2. Effective with the fiscal year beginning July 1, 2008, a public retirement system shall include in each actuarial valuation or actuarial update required to be conducted by that public retirement system the following additional information, all as determined by using the entry age normal actuarial cost method: a. The actuarially required contribution rate for the public retirement system which is equal to the normal cost rate plus the contribution rate necessary to amortize the unfunded actuarial accrued liability on a level percent of payroll basis over thirty years. b. The normal cost rate for the public retirement system which shall be determined for each individual member on a level percentage of salary basis and then summed for all members to obtain the total normal cost. 2008 Acts, ch 1171, §62 Referred to in §97A.5, 97B.4, 411.5, 602.9116 Wed Dec 10 22:36:44 2025 Iowa Code 2026, Section 97D.5 (17, 0)
Source: official Iowa text · Last verified 2026-08-27
Frequently Asked Questions About Iowa § 97D.5
What does Iowa Code § 97D.5 cover?
Section 97D.5 ("97D.5 Public retirement systems — annual actuarial valuations — required information.") is part of the Iowa Code, the codified statutory law of Iowa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Iowa § 97D.5?
A common citation format is "Iowa Code § 97D.5" (Iowa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Iowa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Iowa official source linked on this page or consult a licensed Iowa attorney.
How does Iowa § 97D.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Iowa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Iowa.