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IPERS CEO Greg Samorajski and Chief Benefits Officer Out After Probe
The state says the investigation does not affect benefit payments as IPERS begins a nationwide search for a new chief executive.
- On Thursday, Governor Kim Reynolds announced the resignation of Greg Samorajski, the CEO of the Iowa Public Employees Retirement System, effective May 1 following misconduct investigations.
- Investigations into alleged misconduct led to Samorajski being placed on administrative leave March 31, alongside Chief Benefit Officer Steven Herbert, prompting the leadership transition.
- Officials confirmed the leadership changes do not impact the solvency of the IPERS trust fund, valued at more than $45 billion and serving more than 400,000 Iowans.
- Elizabeth Hennessey, IPERS General Counsel, will continue serving as acting CEO until a permanent successor is named, having assumed the role when Samorajski was placed on leave.
- The Department of Administrative Services will begin a nationwide search for a new chief executive, critical for the program on which an estimated 10% of Iowans depend for retirement.
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Waterloo Cedar Falls Courier+2 Reposted by 2 other sources
Top IPERS leaders gone after misconduct investigation
Two top IPERS leaders are out after a misconduct investigation as Gov. Kim Reynolds accepts CEO Greg Samorajski’s resignation and chief benefits officer fired.
·Waterloo, United States
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Coverage Details
Total News Sources15
Leaning Left1Leaning Right1Center10Last UpdatedBias Distribution84% Center
Bias Distribution
- 84% of the sources are Center
84% Center
C 84%
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