15.157(14)(b)
(b) The council shall meet at least twice a year. The employee of the department of commerce designated by the secretary of commerce under
par. (a) 10. shall serve as nonvoting secretary of the council.
15.157 History
History: 1971 c. 321;
1975 c. 39;
1979 c. 361 ss.
9 to
11,
112;
1981 c. 349;
1983 a. 36,
83,
84,
192,
387;
1985 a. 29;
1987 a. 1,
27,
109;
1989 a. 31 s.
70;
1989 a. 317;
1991 a. 39,
302;
1993 a. 16;
1995 a. 27 ss.
128 to
133,
152 to
162 and
9116 (5);
1995 a. 227;
1997 a. 27,
300;
1999 a. 82;
2001 a. 16,
103,
104;
2005 a. 45,
200,
456.
15.16
15.16
Department of employee trust funds; creation. There is created a department of employee trust funds under the direction and supervision of the employee trust funds board.
15.16(1)
(1) Employee trust funds board. The employee trust funds board shall consist of the governor or the governor's designee on the group insurance board, the director of the office of state employment relations or the director's designee and 11 persons appointed or elected for 4-year terms as follows:
15.16(1)(a)
(a) Four members shall be members of the teachers retirement board, appointed by that board.
15.16(1)(b)
(b) Four members shall be members of the Wisconsin retirement board, appointed by that board.
15.16(1)(c)
(c) One member shall be a public member who is not a participant in or beneficiary of the Wisconsin retirement system, with at least 5 years of experience in actuarial analysis, administration of an employee benefit plan or significant administrative responsibility in a major insurer. It is the intent of the legislature that the member appointed under this paragraph shall represent the interests of the taxpayers of this state and shall not be representative of public employee or employer interests.
15.16(1)(d)
(d) One member shall be an annuitant, as defined for purposes other than life insurance under
s. 40.02 (4), elected by annuitants, as defined for purposes other than life insurance under
s. 40.02 (4).
15.16(1)(f)
(f) One member who is a participant in the Wisconsin retirement system and who is a technical college educational support personnel employee, as defined in
s. 40.02 (55g), or an educational support personnel employee, as defined in
s. 40.02 (22m), elected by participating employees meeting the same criteria.
15.16 Annotation
Membership requirements under sub. (1) (a) and (b) apply only at the time of appointment. Appointees serve "at pleasure" of the appointing boards under sub. (1) (a) and (b).
75 Atty. Gen. 127 (1986).
15.165
15.165
Same; attached boards. 15.165(1)(a)(a) Any member of a board created under this section who loses the status upon which the appointment or election was based shall cease to be a member of the board upon appointment or election to the board of a qualified successor.
15.165(1)(b)
(b) For purposes of this section, annuitants are deemed to be employees in the last position in which they were covered by the Wisconsin retirement system, except that annuitants may not be elected, appointed or vote under
sub. (3) (a) 1.,
2.,
4. or
7.
15.165(2)
(2) Group insurance board. There is created in the department of employee trust funds a group insurance board. The board shall consist of the governor, the attorney general, the secretary of administration, the director of the office of state employment relations, and the commissioner of insurance or their designees, and 6 persons appointed for 2-year terms, of whom one shall be an insured participant in the Wisconsin Retirement System who is not a teacher, one shall be an insured participant in the Wisconsin Retirement System who is a teacher, one shall be an insured participant in the Wisconsin Retirement System who is a retired employee, one shall be an insured employee of a local unit of government, and one shall be the chief executive or a member of the governing body of a local unit of government that is a participating employer in the Wisconsin Retirement System.
15.165(3)(a)(a)
Teachers retirement board. There is created in the department of employee trust funds a teachers retirement board. The board shall consist of 13 members, to serve for staggered 5-year terms. The board shall consist of the following members:
15.165(3)(a)1.
1. Six public school teachers who are participating employees in the Wisconsin retirement system and who are not eligible for election under any other subdivision of this paragraph, elected by participating employees meeting the same criteria.
15.165(3)(a)2.
2. One public school teacher from a technical college district who is a participating employee in the Wisconsin retirement system, elected by teacher participating employees from technical college districts.
15.165(3)(a)3.
3. One administrator in Wisconsin's public schools who is not a classroom teacher.
15.165(3)(a)4.
4. Two University of Wisconsin System representatives who are teacher participants in the Wisconsin retirement system. The representatives under this subdivision shall not be from the same campus.
15.165(3)(a)5.
5. One representative who is a member of a school board.
15.165(3)(a)6.
6. One annuitant who was a teacher participant in the Wisconsin retirement system, elected by the annuitants who were teacher participants.
15.165(3)(a)7.
7. One teacher in the city of Milwaukee who is a participating employee in the Wisconsin retirement system, elected by the teachers of the public schools in that city who are participating employees.
15.165(3)(b)
(b)
Wisconsin retirement board. There is created in the department of employee trust funds a Wisconsin retirement board. The board shall consist of 9 members, and board members appointed under
subds. 1. to
8. shall serve for staggered 5-year terms. The member appointed under
subd. 1. shall be appointed from a list of 5 names submitted by the board of directors of the League of Wisconsin Municipalities, and the member appointed under
subd. 4. shall be appointed from a list of 5 names submitted by the executive committee of the Wisconsin Counties Association. Each member appointed under
subds. 1.,
2., and
3. shall be from a different county. Each member appointed under
subds. 4.,
5., and
6. shall be appointed from a different county. The board shall consist of the following members:
15.165(3)(b)1.
1. One member who is the chief executive or a member of the governing body of a participating city or village.
15.165(3)(b)2.
2. One member who is a participating employee and the principal finance officer of a participating city or village.
15.165(3)(b)3.
3. One member who is a participating employee of a participating city or village.
15.165(3)(b)4.
4. One member who is the chairperson or a member of the governing body of a participating county or town.
15.165(3)(b)5.
5. One member who is a county clerk or deputy county clerk of a participating county.
15.165(3)(b)6.
6. One member who is a participating employee of a participating local employer other than a city or village.
15.165(3)(b)8.
8. One member who is a public member not a participant in or beneficiary of the Wisconsin retirement system. It is the intent of the legislature that the members appointed under this paragraph shall represent the interests of the taxpayers of this state and shall not be representative of public employee or employer interests.
15.165(3)(b)9.
9. The commissioner of insurance or an experienced actuary in the office of the commissioner designated by the commissioner.
15.165(4)
(4) Deferred compensation board. There is created in the department of employee trust funds a deferred compensation board consisting of 5 members appointed for 4-year terms.
15.165(5)
(5) Private employer health care coverage board. 15.165(5)(a)(a) There is created in the department of employee trust funds a private employer health care coverage board consisting of the secretary of employee trust funds or his or her designee, the secretary of health and family services or his or her designee and the following members appointed for 3-year terms:
15.165(5)(a)1.
1. One member who represents health maintenance organizations.
15.165(5)(a)4.
4. Two members who are employees eligible to receive health care coverage under
subch. X of ch. 40 and whose employer employs not more than 50 employees.
15.165(5)(a)6.
6. Two members who are, or who represent, employers that employ not more than 50 employees and who are eligible to offer health care coverage under
subch. X of ch. 40.
15.165(5)(b)
(b) The secretary of employee trust funds or his or her designee and the secretary of health and family services or his or her designee shall be nonvoting members.
Effective date note
Note: Sub. (5) is repealed by
1999 Wis. Act 9, eff. 1-1-10.
15.165 Annotation
Public school administrators are eligible to be candidates for and to vote for teacher representatives on the teachers retirement board.
76 Atty. Gen. 141.
15.18
15.18
Department of financial institutions. There is created a department of financial institutions under the direction and supervision of the secretary of financial institutions.
15.18 History
History: 1995 a. 27.
15.183
15.183
Same; specified divisions. 15.183(1)
(1)
Division of banking. There is created a division of banking. Prior to July 1, 2000, the division is attached to the department of financial institutions under
s. 15.03. After June 30, 2000, the division is created in the department of financial institutions. The administrator of the division shall be appointed outside the classified service by the secretary of financial institutions and shall serve at the pleasure of the secretary.
15.183(3)
(3) Division of securities. There is created a division of securities. Prior to July 1, 2000, the division is attached to the department of financial institutions under
s. 15.03. After June 30, 2000, the division is created in the department of financial institutions. The administrator of the division shall be appointed outside the classified service by the secretary of financial institutions and shall serve at the pleasure of the secretary.
15.183 History
History: 1995 a. 27;
1999 a. 9;
2003 a. 33.
15.185
15.185
Same; attached boards and offices. 15.185(1)
(1)
Banking review board. There is created in the department of financial institutions a banking review board consisting of 5 persons, appointed for staggered 5-year terms. At least 3 members shall be experienced bankers having at least 5 years' experience in the banking business. No member is qualified to act in any matter involving a bank in which the member is an officer, director or stockholder, or to which the member is indebted.
15.185(3)
(3) Savings institutions review board. There is created in the department of financial institutions a savings institutions review board consisting of 5 members, at least 3 of whom shall have not less than 5 years' experience in the savings and loan or savings bank business in this state, appointed for 5-year terms.
15.185(7)(a)(a) Office of credit unions; creation. There is created an office of credit unions which is attached to the department of financial institutions under
s. 15.03. The director shall be appointed by the governor to serve at the pleasure of the governor. No person may be appointed director who has not had at least 3 years of actual experience either in the operation of a credit union, or serving in a credit union supervisory capacity, or a combination of both. Notwithstanding
s. 15.03, all personnel and budget requests by the office of credit unions shall be processed and forwarded by the department of financial institutions without change except as requested and concurred in by the office of credit unions.
15.185(7)(b)
(b) Credit union review board. There is created in the office of credit unions a credit union review board consisting of 5 persons, appointed for staggered 5-year terms. All members shall have at least 5 years' experience in the operations of a credit union. The office of credit unions may call special meetings of the review board.
15.187(1)(1)
Loan originator review council. There is created in the department of financial institutions a loan originator council. The council shall consist of the following members, appointed by the secretary of financial institutions for 4-year terms:
15.187(1)(e)
(e) The secretary of financial institutions or his or her designee.
15.187 History
History: 2003 a. 260.
15.19
15.19
Department of health and family services; creation. There is created a department of health and family services under the direction and supervision of the secretary of health and family services.
15.19 History
History: 1975 c. 39;
1995 a. 27 s.
9126 (19).
15.195
15.195
Same; attached boards and commissions. 15.195(4)(4)
Child abuse and neglect prevention board. There is created a child abuse and neglect prevention board which is attached to the department of health and family services under
s. 15.03. The board shall consist of 20 members as follows:
15.195(4)(b)
(b) The attorney general or his or her designee.
15.195(4)(c)
(c) The secretary of health and family services or his or her designee.
15.195(4)(d)
(d) The state superintendent of public instruction or his or her designee.
15.195(4)(dg)
(dg) The secretary of corrections or his or her designee.
15.195(4)(dr)
(dr) The secretary of workforce development or his or her designee.
15.195(4)(e)
(e) One representative to the assembly appointed by the speaker of the assembly or that appointed representative's designee.
