Register July 2012 No. 679
Chapter ETF 20
WISCONSIN RETIREMENT SYSTEM
Actuarial estimate charges.
Participating employees: one-third of full-time employment.
Employer resolutions to participate.
Minimum retirement age.
Optional forms of annuity.
Changes to optional form of payment.
Accelerated payment annuity options.
Spouse's or domestic partner's signature on a benefit application.
Early retirement reduction factors.
Annuity options — automatic distributions.
Termination of marriage or domestic partnership for determination of beneficiary.
Domestic partner benefits.
Payments considered Wisconsin retirement system earnings.
Treatment of purchased and other creditable service for percentage rates used to calculate retirement, disability and certain death benefits.
Cancellation of application for retirement annuity, separation or lump sum benefit.
Changing annuity effective dates.
Adjusting annuities for equity after reentry into service.
Core and variable annuity changes.
Qualified domestic relations orders; division of WRS accounts and annuities.
Delinquent state tax obligations.
Actuarial estimate charges. ETF 20.01(1)
Before submitting a resolution to become a participating employer under the Wisconsin retirement system, an employer, as defined in s. 40.02 (28)
, Stats., may obtain, upon written request to the department and the payment of a fee of $50.00 if more than 10 employees or $25.00 if 10 employees or less, an actuarial determination of its estimated prior service liability. The employer shall supply the data with respect to its employees in accordance with instructions from the department.
The determination of the prior service liability shall be furnished without charge to any employer which has submitted a resolution for inclusion under the Wisconsin retirement system.
The secretary of the department is authorized to set the rates for special actuarial studies or estimates requested by state agencies, local units of government, or other organizations when in the secretary's judgment it is feasible and appropriate to perform the studies.
ETF 20.01 History
Emerg. eff. 6-30-77; cr. Register, November, 1977, No. 263
, eff. 12-1-77; renum. from ETF 4.03 and am., Register, December, 1982, No. 324
, eff. 1-1-83.
Participating employees: one-third of full-time employment. ETF 20.015(1)
Except as provided in sub. (2)
, for purposes of s. 40.22
, Stats., 600 hours of employment with an employer in one year is considered one-third of full-time employment.
For an employee classified as a teacher under s. 40.02 (55)
, Stats., for purposes of s. 40.22
, Stats., 440 hours of employment with an employer in one year is considered one-third of full-time employment.
For purposes of this section "year" means 365 consecutive calendar days, or 366 consecutive calendar days if the period measured includes February 29.
ETF 20.015 History
Cr. Register, January, 1985, No. 349
, eff. 2-1-85; r. and recr. Register, September, 1992, No. 441
, eff. 10-1-92.
As provided in s. 40.22 (2) (gm)
, Stats., a participating employer may not include under the provisions of the Wisconsin retirement system an employee first hired on or after April 23, 1992, if the employee is under the age of 20 and is regularly enrolled or expected to be enrolled as a full-time student in a public, private, or parochial elementary or high school as defined in s. 118.257 (1) (d)
For purposes of this section, an employee who is not enrolled in school is expected to be regularly enrolled as a full-time student in a school included under s. 118.257 (1) (d)
, Stats., if all of the following apply:
The employee is under age 20 and has not received a high school diploma or a general equivalency diploma;
The employee has not notified the employer, as provided in sub. (3) (c)
, that he or she does not intend to enroll as a full-time student in a school included under s. 118.257 (1) (d)
, Stats., during the next regular semester.
An employee who is excluded from participation in the Wisconsin retirement system by s. 40.22 (2) (gm)
, Stats., shall become eligible for participation, subject to s. 40.22 (2)
, Stats., as if he or she had been initially hired on the earliest of the following dates:
The employee's first working day following the date the employee completes all requirements for a high school diploma;
The employee's first working day following the date the employee notifies the employer that he or she has ceased to be enrolled, and does not expect to be enrolled during the next regular semester, as a full-time student in a school included under s. 118.257 (1) (d)
, Stats. The written statement of the employee or, if the employee is under age 18, of the employee's parent or guardian shall be sufficient to establish that the employee has left school and does not intend to return in the next semester. If the employee intends to continue as a part-time student only, he or she may establish this fact by submitting to the employer a written certification from the principal of the school in which the student is enrolled. The definition of full-time student shall be that of the school in which the student is enrolled.
ETF 20.016 History
Cr. Register, October, 1992, No. 442
, eff. 11-1-92.
Employer resolutions to participate.
If the official notice of election to be included has been received by the department on or before November 15, the effective date of participation of the employer shall be the ensuing January 1. If the department receives the notice of election after November 15, the effective date shall be the January 1 after the ensuing January 1. The employer may withdraw a notice of election to be included if the employer's written notice to withdraw is received by the department before the November 15 deadline of the year before the January effective date.
ETF 20.017 History
History: CR 11-040
: cr. Register July 2012 No. 679
, eff. 8-1-12.
In this section, "rehired annuitant" means a participant on or after July 1, 1996, who has applied for and is eligible to receive a monthly annuity under s. 40.23
, Stats., including satisfying the requirement to remain separated from participating employment for the period specified under s. 40.23 (1) (a) 1.
, Stats., and who subsequently is employed by a participating employer in employment which would meet the eligibility criteria for inclusion under the provisions of the Wisconsin retirement system specified in s. 40.22
, Stats., but for the exclusion of s. 40.22 (2) (L)
, Stats., and whose termination of previous employment by a participating employer meets all criteria under s. ETF 10.08 (2) (b)
(2) Break in service.
The minimum break in service period required under s. 40.23 (1) (a)
, Stats., is satisfied when the rehired annuitant returns to work no earlier than the latest of the following dates:
The thirty-first day after the date participating employment terminated.