LRB-3874/1
RAC:jld:rs
2007 - 2008 LEGISLATURE
February 6, 2008 - Introduced by Representatives Musser, Nerison, Townsend,
Albers, Shilling, Hubler, Boyle, Berceau
and A. Ott, cosponsored by
Senators Vinehout, Kapanke, Hansen and Lassa. Referred to Committee on
Aging and Long Term Care.
AB764,1,2 1An Act to create 40.21 (1r) of the statutes; relating to: coverage of long-term
2care districts under the Wisconsin Retirement System.
Analysis by the Legislative Reference Bureau
This bill provides that, if the governing body of a long-term care district adopts
a resolution to elect to become a participating employer in the Wisconsin Retirement
System (WRS) before May 15 of any year and official notice of that election is received
by the Department of Employee Trust Funds (DETF) on or before May 15, the
effective date of the participation of the long-term care district is the ensuing July
1. This differs from current law, which provides that, if an employer adopts a
resolution to elect to become a participating employer in the WRS before November
15 of any year and official notice of that election is received by DETF on or before
November 15, the effective date of the participation of the long-term care district is
the ensuing January 1.
Because this bill relates to public employee retirement or pensions, it may be
referred to the Joint Survey Committee on Retirement Systems for a report to 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:
AB764, s. 1
1Section 1. 40.21 (1r) of the statutes is created to read:
AB764,2,62 40.21 (1r) Notwithstanding sub. (1), if the governing body of a long-term care
3district, created under s. 46.2895 (1), adopts a resolution to elect to become a
4participating employer before May 15 of any year and official notice of that election
5is received by the department on or before May 15, the effective date of the
6participation of the long-term care district is the ensuing July 1.
AB764,2,77 (End)
Loading...
Loading...