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Bills · 2013-2014 Regular Session

AB 470

Died at session end Official bill text Atom feed

Relating to: increasing the minimum retirement age under the Wisconsin Retirement System. (FE)

Legislature — Retirement systems, joint survey committee on Retirement — Protective service Retirement system, wisconsin

  1. Introduced, stopped here
  2. Passes Assembly, not reached
  3. Passes Senate, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

Currently, under the Wisconsin Retirement System (WRS), a participant may

retire as early as age 55 and a protective occupation participant may retire as early

as age 50. This bill increases the minimum retirement age by two years, with the

result that a WRS participant must be at least age 57 and a WRS protective

occupation participant must be at least age 52 in order to qualify for an immediate

retirement annuity under the WRS. This change in the minimum retirement age

first applies to individuals who are under the age of 40 on the bill's effective date and

who terminate WRS-covered employment on the bill's effective date.

Because this bill relates to public employee retirement or pensions, it may be

referred to the Joint Survey Committee on Retirement Systems for a report to be

printed as an appendix to the bill.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: Bernier (R) , Craig (R) , Kapenga (R) , Strachota (R) , Stroebel (R) , Tittl (R)

Full history

  1. Nov 1, 2013 · Assembly

    Introduced by Representatives Stroebel, Tittl, Bernier, Craig, Strachota and Kapenga

  2. Nov 1, 2013 · Assembly

    Read first time and referred to Joint Survey Committee on Retirement Systems

  3. Nov 15, 2013 · Assembly

    Fiscal estimate received

  4. Apr 8, 2014 · Assembly

    Failed to pass pursuant to Senate Joint Resolution 1