State Treasurer Michael L. Fitzgerald traveled to Creston Sept. 11 to meet with the Creston Area Retired School Personnel (CARSPA). While meeting with CARSPA, Fitzgerald discussed his responsibilities as treasurer and specifically focused on his involvement with IPERS. He reminded the retirees IPERS is a strong, solid fund that has been a proven success for decades.
“Not only does IPERS benefit retirees in each county, but it also injects $1.7 billion into Iowa’s economy each year,” Fitzgerald said.
He addressed many concerns voiced by CARSPA members regarding the future of IPERS, and what they can do to help ensure the stability of IPERS for future generations. Fitzgerald encouraged the members to stay vigilant as public officials talk about potential changes to IPERS.
Fitzgerald serves as custodian of Iowa’s three state pension funds in addition to sitting on the IPERS Investment Board, and is a member of the board of trustees for the Iowa Peace Officers’ Retirement, Accident and Disability System (PORS). As State Treasurer, Fitzgerald is responsible for managing one of the country’s premier 529 plans, College Savings Iowa. Currently, there are more than 251,000 College Savings Iowa accounts, representing $4.9 billion invested in the program. Additionally, he started the Great Iowa Treasure Hunt when he took office and through that program, has returned more than $250 million in unclaimed property to more than 592,000 individuals.
Keep up with the state treasurer’s office programs on social media, Facebook and Twitter with @IowaTreasurer, and College Savings Iowa 529 Plan on Facebook and Twitter with @Iowa529Plan.