SB257: Bill Text

LRB-2590/3

RAC:mfd:arm

1997 - 1998 LEGISLATURE

1997 Senate BILL 257

July 10, 1997 - Introduced by Senators Wirch, Decker, Grobschmidt, Moen, Plache, Schultz, Breske, Rude and Roessler, cosponsored by Representatives Dobyns, Porter, Musser, Turner, Brandemuehl, Bock, R. Young, Notestein, Robson, Hahn, Kreuser, Lorge, Hanson, La Fave, Goetsch, Plouff, J. Lehman, Albers, Seratti, Cullen, Ryba, Murat and Baldwin. Referred to Joint survey committee on Retirement Systems.

SB257,1,4 An Act to create 40.02 (3) (d), 40.02 (3) (e), 40.02 (12m) and 40.02 (55g) of the statutes; relating to: the determination of the annual earnings period under the Wisconsin retirement system for certain technical college district and cooperative educational service agency employes.

Analysis by the Legislative Reference Bureau

Under current law, when a participant in the Wisconsin retirement system (WRS) retires from active service, he or she may be eligible for a WRS retirement annuity. The monthly annuity is computed on the basis of the participant's final average earnings, which is based on the 3 annual earnings periods in which the earnings were highest and the years of creditable service. For most participants, an annual earnings period means a calendar year. But for certain state and local employes under the WRS, an annual earnings period means the period beginning on July 1 and ending on the following June 30.

This bill provides that the annual earnings period for technical college educational support personnel employes (technical college district employes who are not teachers) and cooperative educational service agency support personnel employes (cooperative educational service agency employes who are not teachers) covered under the WRS is the period beginning on July 1 and ending on the following June 30.

This bill will be referred to the joint survey committee on retirement systems for a detailed analysis, which will be printed as an appendix to the bill.

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:

SB257, s. 1 Section 1. 40.02 (3) (d) of the statutes is created to read:

SB257,2,7 40.02 (3) (d) For a technical college educational support personnel employe who terminates participating employment on or after the July 1 that occurs after the effective date of this paragraph .... [revisor inserts date], it means the period beginning on July 1 and ending on the following June 30. This paragraph applies to periods beginning after the June 30 that occurs after the effective date of this paragraph .... [revisor inserts date].

SB257, s. 2 Section 2. 40.02 (3) (e) of the statutes is created to read:

SB257,2,14 40.02 (3) (e) For a cooperative educational service agency support personnel employe who terminates participating employment on or after the July 1 that occurs after the effective date of this paragraph .... [revisor inserts date], it means the period beginning on July 1 and ending on the following June 30. This paragraph applies to periods beginning after the June 30 that occurs after the effective date of this paragraph .... [revisor inserts date].

SB257, s. 3 Section 3. 40.02 (12m) of the statutes is created to read:

SB257,2,18 40.02 (12m) "Cooperative educational service agency support personnel employe" means a person who is a cooperative educational service agency employe, but who is not a teacher.

SB257, s. 4 Section 4. 40.02 (55g) of the statutes is created to read:

SB257,3,2 40.02 (55g) "Technical college educational support personnel employe" means a person who is a technical college district employe, but who is not a teacher.

SB257,3,3 (End)