LRBs0305/2
RAC:jlg:km
1999 - 2000 LEGISLATURE
ASSEMBLY SUBSTITUTE AMENDMENT 2,
TO 1999 ASSEMBLY BILL 426
February 22, 2000 - Offered by Representative Staskunas.
AB426-ASA2,1,2 1An Act to create 20.515 (1) (bm) of the statutes; relating to: death benefits
2provided under the Wisconsin retirement system and making an appropriation.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
AB426-ASA2, s. 1 3Section 1. 20.515 (1) (bm) of the statutes is created to read:
AB426-ASA2,1,54 20.515 (1) (bm) Increased death benefits. A sum sufficient to pay the cost of
5death benefits granted under 1999 Wisconsin Act .... (this act), section 2 (1 ).
AB426-ASA2, s. 2 6Section 2 . Nonstatutory provisions.
AB426-ASA2,2,27 (1) Death benefits under the Wisconsin retirement system. If a person was
8a participating employe in the Wisconsin retirement system on June 30, 1999, and
9died before December 30, 1999, and the person's beneficiary received a death benefit
10under section 40.73 (1) (a) (intro.), 1997 stats., the department of employe trust funds
11shall pay the person's beneficiary, from the appropriation under section 20.515 (1)
12(bm) of the statutes, as created by this act, an additional death benefit equal to the

1amount of the person's employe required contribution accumulations, determined as
2of the date of the person's death.
Loading...
Loading...