RIPEA, acronym for Retired Indiana Public Employees Association, is a not-for-profit corporation created by 1972 Indiana Legislature. RIPEA was the idea of H. B. Shepherd, longtime director of the Public Employees Retirement Fund (PERF), who believed PERF retirees needed a not-for-profit corporation to represent their interests. Legislature agreed and created RIPEA in 1972 to serve PERF members. PERF is now one of many retirement funds managed by the Indiana Public Retirement System (INPRS).
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