Newspaper Archive of
N. Warren Town and County News
Norwalk, Iowa
July 31, 2014     N. Warren Town and County News
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July 31, 2014

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Page Ten N/Warren Town and County News Thu]rsday, July 31, 2014 Legislative News By State'Representative Julian B. Garrett Julian.Garrett@legis.iowa.gov. IPERS BOARD I have been appointed to represent Senate Republi- cans on the IPERS Investment Board. IPERS stands for the Iowa Public Employee Retirement System. It pro-. vides retirement benefits for the big majority of state employees, including teachers. According to the IPERS website, "The Investment Board of IPERS was created by state law to establish policies and hire professional service contractors for IPERS' investment and actuarial Programs." There are seven voting members and four legislator non-voting members. It is a defined benefit plan, meaning that upon retire- ment, the retiree receives a guaranteed amount per month, based on a formula taking into account the retiree's years of employment, age and his or her top three years of earnings. Payments into the system are exempt from income taxation. Funds paid into the IPERS system are invested ila different ways, providing addi- tional income to help fund the system. By contrast, a defined contribution plan does not guarantee a set amount of income, but provides for a certain payment into the retirement fund. Though the IPERS system is in much better shape than many state and municipal retirement systems, it is not fully funded. Estimates are that it has an unfunded actuarial liability of more than $2 billion. Reduced returns on investments in-recent years have contributed to this deficit. Fixing this problem obviously will require increased payments into the system, reducing benefits, or a combination of the two. As always, feel free to contact me with your ideas or concerns at Julian.Garrett@legis.iowa.gov or515-281- 3371. ]Did You Know? (NAPS)--For detailed in- formation about flooring and floor care, as well as a search- able database of reputable flooring retailers, visit the World Floor Covering Asso- ciation at www.WFCorg or call (800) 624-6880. If your closet needs orga- nizing, try the adjustable and easy-to-install ClosetMaid Shelfrrack TM. Choose from building a custom design with open stock wire shelv: ing (can be cut to size) or an affordable wire starter kit. For more information, con- tact ClosetMaid at (800) 874- 0008 or www.closetmaid.com. To see the earth as we now see it, small and beautiful in that eternal silence where it floats, is to see ourselves as riders on the earth together, brothers on that bright loveliness in the unend- ing night. LArchibald MacLeih I Deadline for ads, I legals and stories I is Noon Friday! Call 911 for emergencies! Traffic Crash, Sunset Drive/Richard George Drive. Vehicle driven by Linette Hadley, Urban- dale, struck a vehicle driv- en by Megan Christner, Davenport. Report was made and forwarded to the Iowa Department of Transportation. Civil Dispute, 2500 block Cedar Street. Infor- mation taken; subject was advised to Contact an attor- ney. Theft of Fuel, 500 block North Avenue. Informa- tion taken and report made. Hit and Run Traffic Crash, 400 block Legacy Parkway. Vehicle owned by Nathan Burke, Anken: was struck and damaged while properly parked. Report was made and transmitted to the Iowa Department of Transporta- tion. ulJa!K Theft Report, 8000 block Echo Drive. Infor- marion taken and report  made. Hit an'l Run Traffic Crash, Candlewick/Lake- wood Drive. Parked vehi- cle owned by Joseph , Newquist, Norwalk, was struck and damaged by an It took the Democratic unknown vehicle. Steven national convention 49 bal- Thomas, West Des Moines, lots to come up with Franklin Pierce as a presi- was later identified as the dentialcandidate in 1852 driver. Thomas was POLICE REPORT Disclaimer: All defendants are innocent until proven guilty in a court of law. charged with Striking Un- attended Vehicle. A report was made and forwarded to the Iowa Department of Transportation. Traffic Stop, 80th and Beardsley. Scott Martens, Urbandale, was arrested and charged with Operat- ing While Intoxicated and Driving Wrong Side of Highway. Subject was pro- cessed and transported to the Warren County Jail. Traffic Crash, Beards- ley/Switchgrass Trail. Ve- hide driven by Kara Gesa- I man, Norwalk, struck a vehicle driven by Caleb Schumacher, Norwalk. This caused the second vehicle to strike a third *ehicle, driven by Tyler Osby, Clive. Report was" made and forwarded to the Iowa Department of Transportation. Theft Report, 1100 block Meadow Drive. In- formation taken and re- port made. Theft Report, 400 block Braeburn. Information tak- en and report made. Theft of Fuel, 500 block North Avenue. Informa- tion taken and report made. Neighborhood Distur- bance, 1200 block Skylane Drive. Spoke with all par- ties involved; report made. Traffic Crash, Beardsley and Hwy 28. Vehicle driv- en by David Catrenich, In- dianola, struck a vehicle driven by Linda Randaz- zo, Norwalk. Report was made and forwarded to the Iowa Department of Transportation. Enjoy a Wost Dos M0ines addross and attend Norwalk Schools at FoxValley. Large walk-out lots backing to a pond or Iowa's countryside. .", Quick, Easy drive | to Jordan Creek, downtown, and the airport! -- Calt for more info: --: '- Allyn Brown JohnAkers SuzyMarker 453-6403 453-5103 453-6009 " Directions: Hwy 5 Bypass To SW Connector, South To Maffitt Lake Rd, West To S 20th Or Orilla Rd, South Through Orilla Development On The West Side Of The Road.