IPERS says retirees impacted by hack should see their money by M - KWWL - Eastern Iowa Breaking News, Weather, Closings

IPERS says retirees impacted by hack should see their money by Monday

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(KWWL) -

IPERS announced this week 103 retiree accounts in Iowa have been compromised. 

Communications Director Judy Akre says those impacted should see their money by no later than Monday. 

IPERS found out about the hack on Tuesday after they were informed someone didn't receive their payment.

"Criminals were armed with personal information such a social security numbers and birth dates. And they were able to establish an online access and then change the direct deposit account information, this allowed them to redirect that IPERS benefit payment to another bank account," says Akre. 

She says several hundred thousand dollars were taken altogether. 

It's unknown at this time how the thieves got the personal information but it's not believed to have been taken from IPERS.

IPERS is working with the Department of Criminal Investigation and the FBI to get to the bottom of the situation.

They plan to "pursue full prosecution against the criminals."

For now members cannot change their direct deposit information online. 

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