gistfile1.txt

# pillar data
local_users:
  myuser:
  youruser:
    password: 'hashedpassword'
    
# state
{% for login, user in pillar.get('local_users', {}).items() %}
{{ login }}:
  user.present:
    - name: {{ login }}
    {% if 'password' in pillar %}
    - shell: '/bin/bash'
    - password: {{ login.password }}
    {% endif %}
{% endfor %}

# pillar data
local_users:
  myuser:
  youruser:
    password: 'hashedpassword'
    
# state
{%- for login, user in pillar.get('local_users', {}).items() %}
{{ login }}:
  user.present:
    - name: {{ login }}
    {%- if user.password is defined %}
    - shell: '/bin/bash'
    - password: {{ user.password }}
    {%- endif %}
{%- endfor %}