SB 1051

This bill corrects a reference to a date for the purposes of contributions to the

Wisconsin Retirement System by county jailers who are first certified as protective

occupation participants for purposes of the WRS on or after January 1, 2024, in a

county that did not classify county jailers as protective occupation participants

before that date.

Under current law, if an application for long-term disability benefits or an

application for a disability annuity by a participant who is at least minimum

retirement age under the WRS is denied, and the applicant applies for a regular

annuity, the effective date of the annuity is set as the date on which the disability

benefits or disability annuity would have been effective. Federal law prohibits a

participant in a qualified retirement plan, such as the WRS, from having a benefit

effective date that is before the participant has a bona fide separation from service.

The bill sets the effective date for a regular retirement annuity for participants

whose application for long-term disability benefits or a disability annuity is denied

as the later of the date that would have been the effective date of that annuity or those

benefits or the day after the participant's separation from service.

For further information, see the

Notes

provided by the Law Revision

Committee of the Joint Legislative Council.