Sioux City Journal, February 26, 2009

DES MOINES — Iowa’s public pension plans support 10,422 jobs and have a “sizable” $1.4 billion economic impact that “ripples” across the state and touches every industry, according to an analysis issued Thursday.

The study conducted by NIRS,  a non-profit, non-partisan organization representing employee benefit plans, agencies that manage retirement plans, trade associations, financial services firms, and other retirement service providers, also determined nationally that state and local public pensions are linked to 2.5 million jobs and $358 billion in economic activity.

Read the full article here.