Bills · 2015-2016 Regular Session
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
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, not reached
- Governor signs, not reached
- 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
Full history
- Oct 14, 2015 · Senate
Introduced by Senators Stroebel, LeMahieu and Kapenga; cosponsored by Representatives Sanfelippo, Brandtjen, R. Brooks, Craig, Gannon, Horlacher, Hutton, Knodl, Kremer, Kuglitsch and Rohrkaste
- Oct 14, 2015 · Senate
Read first time and referred to Committee on Labor and Government Reform
- Oct 19, 2015 · Senate
Report of Joint Survey Committee on Retirement Systems requested
- Oct 27, 2015 · Senate
Fiscal estimate received
- Apr 13, 2016 · Senate
Failed to pass pursuant to Senate Joint Resolution 1