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Member Handbook. Summary of the IPERS Retirement Plan. Revised January 2007. In accordance with law changes of the 81st Iowa General Assembly IPERS invests the contributions and holds the investment income in a trust fund for the exclusive purpose of paying benefits to members and their Submitted by ewayadmin on Wed, 10/28/2020 - 02:45. Publication Image. Member handbook cover. Publication Category. Retirees · Members. Publication File. This member handbook contains time-sensitive information and should be read by all new State employees within 30 days of employment. P.O. Box 94816. The IPERS plan is a defined benefit plan. See IPERS website and the member handbook for the formula for determining retirement income when vested. The website ipers.org has the most current IPERS publications and forms for employees to access. (Member handbook, retirement planning session schedulesThe IPERS Member Handbook tells members everything they need to know about IPERS. You can view the newest version here. the member Handbook provides a more detailed description of ipers benefits. it is available on the ipers website. Page 3. 3. For New Members.