AB 698

Under current law, if a Wisconsin Retirement System annuitant, or a disability

annuitant who has attained his or her normal retirement date, is appointed to a

position with a WRS-participating employer, or provides employee services to a

WRS-participating employer in which he or she is expected to work at least

two-thirds of what is considered full-time employment by the Department of

Employee Trust Funds, the annuity must be suspended and no annuity payment is

payable until after the participant again terminates covered employment.

This bill creates an exception to this requirement for an annuitant who retired

from employment as a teacher with a school district who is subsequently rehired or

provides employee services as a teacher after retirement if 1) the participating

employer is a school district; 2) at least 30 days have elapsed from the date the person

left covered employment with a school district; 3) at the time the person initially

retires from a school district, the person does not have an agreement with any school

district to return to employment; and 4) the person elects to not become a

participating employee at the time the person is rehired as a teacher by a school

district or enters into a contract to provide employee services as a teacher after

retirement. In other words, the bill allows a teacher annuitant who retired from a

school district to return to work as a teacher for a school district that is a

participating employer and elect to not become a participating employee for purposes

of the Wisconsin Retirement System, and instead continue to receive his or her

annuity.

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.