Updated
Updated · Local 5 - weareiowa.com · May 8
IPERS CEO Greg Samorajski resigns amid misconduct investigation
Updated
Updated · Local 5 - weareiowa.com · May 8

IPERS CEO Greg Samorajski resigns amid misconduct investigation

11 articles · Updated · Local 5 - weareiowa.com · May 8
  • Iowa Governor Kim Reynolds said Thursday the resignation took effect immediately, while Chief Benefit Officer Steven Herbert was terminated and Elizabeth Hennessey remains acting CEO in Des Moines.
  • Samorajski and Herbert had been on administrative leave since March 31 and April 1, and officials said the undisclosed investigations do not affect retirement payments.
  • The state received Samorajski's resignation on May 1 and will launch nationwide searches for a new IPERS chief executive and a replacement benefits officer.
Amid a government overhaul, what do these exits reveal about the future of Iowa's public fund oversight?
With a troubled past, how was a key executive hired to manage Iowa's $45 billion pension fund?
What non-criminal misconduct prompted the ousting of Iowa's top two pension fund leaders?