DES MOINES, Iowa (AP) – A new report says Iowa’s public pension system remains in strong fiscal health. The analysis from the Iowa Policy Project was released Thursday. The report says the funds serving over 340,000 current, former and retired public sector workers in Iowa are in good financial shape. Plan participants include state and local government workers.

According to the liberal think tank’s report, the system took a financial hit over the past decade due to stock market losses. But the state has made some benefit rule changes in recent years, including giving the pension system more power to adjust contribution rates.

The latest actuarial review of the pension system shows that the state has 81 percent of the assets needed to pay projected benefits. That means they are currently short about $5.8 billion.

The Iowa State Patrol reports two people suffered minor injuries during a collision this (Thursday) morning, about two-miles east of Adair. Officials say an unidentified male minor was driving a 2003 Pontiac Grand Am eastbound on Whitepole Road and attempting to turn north onto Indigo Avenue. A westbound 2001 GMC SUV driven by 28-year old Kelli Sue Prescott, of Yale, was traveling west on White Pole Road when the car turned in front of the SUV.

The driver of the Grand Am was not wearing his seat belt. Officials say the boy and Prescott, who was wearing her seat belt, were transported by Stuart and Adair Rescue to the Guthrie County Hospital following the crash, which occurred at around 8:40-a.m.

The driver of the Pontiac was cited for Failure to Yield upon making a left turn.

In an update to our story this (Thursday) morning, the Cass County Sheriff’s Office says a north east Iowa man escaped injury after he crashed the semi he was driving on Interstate 80 near the Marne interchange. Officials say Cass County deputies responded to a report of a single-vehicle accident on I-80, just after 4-a.m.

The 2007 semi driven by 48-year old Robert Alan Patterson, of Aplington, was eastbound on I-80 when Patterson fell asleep at the wheel. The semi drifted to the right and struck a guardrail and passing beneath the overpass.

Damage to the vehicle is estimated at $7,500. Damage to the guardrail is estimated at $1000. Patterson was cited for Failure to Maintain Control.

Police in Council Bluffs have released the identity of a man who died following a rollover accident Wednesday evening on Interstate 29. Officials say 41-year old Michael Bachmann,  of Council Bluffs, died at Creighton University Medical Center in Omaha, following the crash on I-29 at around 4:45-p.m., Wednesday. Bachmann was partially ejected from the vehicle as it rolled.

The crash happened at about the 55-mile marker, located between the North 35th and North 25th Street exits. Authorities suspect speed and alcohol were factors in the crash.

Northbound traffic on I-29 was blocked at North 35th Street. All lanes were open again by 7:20 p.m.