AB907: Bill Text

LRB-4123/1

PG&EVM:nwn:rs

2009 - 2010 LEGISLATURE

2009 Assembly BILL 907

March 29, 2010 - Introduced by Representatives Townsend, Lothian and Petersen. Referred to Committee on Urban and Local Affairs.

AB907,1,2 An Act to create 38.12 (12), 66.0138 and 120.12 (27) of the statutes; relating to: funding postretirement health care benefits of local government employees.

Analysis by the Legislative Reference Bureau

Currently, cities, villages, counties, school districts, and technical college districts (local governments), provide health care benefits for their employees. Some also provide postretirement health care benefits for their employees.

This bill prohibits a local government from providing health care benefits to any employee hired on or after the bill's effective date for use upon the employee's retirement unless the cost of the benefit is fully funded on an actuarial basis.

For further information see the state and local fiscal estimate, which will be printed as an appendix to this bill.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

AB907, s. 1 Section 1. 38.12 (12) of the statutes is created to read:

AB907,1,7 38.12 (12) Health care benefits for retirees. If the district board provides any health care benefits, for use upon retirement, to an employee hired on or after the effective date of this subsection .... [LRB inserts date], the district board shall ensure that the cost of the benefits is fully funded on an actuarial basis.

AB907, s. 2 Section 2. 66.0138 of the statutes is created to read:

AB907,2,3 66.0138 Health care benefits for retirees. (1) In this section, "political subdivision" means a city, village, town, or county.

AB907,2,7 (2) If a political subdivision provides health care benefits, for use upon retirement, to an employee hired on or after the effective date of this subsection .... [LRB inserts date], the political subdivision shall ensure that the cost of the benefits is fully funded on an actuarial basis.

AB907, s. 3 Section 3. 120.12 (27) of the statutes is created to read:

AB907,2,12 120.12 (27) Health care benefit for retirees. If the school board provides any health care benefit, for use upon retirement, to an employee hired on or after the effective date of this subsection .... [LRB inserts date], ensure that the cost of the benefit is fully funded on an actuarial basis.

AB907,2,13 (End)