AB 842

This bill clarifies that an employee who was not participating in the Wisconsin

Retirement System before July 1, 2011, and who is not expected to work at least

two-thirds of full-time employment generally may not participate in WRS. Under

current law, the standard that applies is whether the employee was initially

employed on that date by an employer that participates in WRS.

The bill eliminates the prohibition against the Department of Employee Trust

Funds accepting an application for a retirement annuity that specifies an annuity

effective date that is more than 60 days after the date on which the application is

received.

The bill allows a protective occupation participant in WRS who is at least 50

years of age, which is the minimum retirement age for a protective occupation

participant, and who is also a part-time elected official to waive further participation

in WRS for his or her current and future service as a part-time elected official, after

he or she terminates all of his or her other covered employment. The waiver allows

the protective occupation participant to receive a retirement benefit while he or she

is serving as a part-time elected official. Under current law, a WRS participant who

is at least 55 years of age, which is the minimum retirement age for a participant who

is not a protective occupation participant, and who is also a part-time elected official

is allowed to waive participation in WRS for his or her current and future service as

a part-time elected official after he or she terminates all of his or her other covered

employment.

The bill eliminates the requirement that a form to cancel coverage under the

Wisconsin Public Employers Group Life Insurance Program takes effect at the end

of the calendar month that begins after the form is received from an insured

employee.

Under current law, the Board of Regents of the University of Wisconsin System

pays the gross premium for income continuation insurance coverage for teachers

employed by UW System who have more than one year of state service, subject to a

130-day waiting period. This bill changes the waiting period from 130 days to 180

days.

For further information, see the

Notes

provided by the Law Revision

Committee of the Joint Legislative Council.