Assembly Bill 36 proposes amendments to the Wisconsin Retirement System (WRS) regulations concerning law enforcement and firefighter annuitants who are rehired by participating employers. Currently, individuals receiving a retirement or disability annuity from the WRS must suspend their annuity if they are hired by a WRS-participating employer. This bill introduces an exception for retired law enforcement officers and firefighters, allowing them to return to work without suspending their annuity, provided they do not have a prior agreement to return to employment and choose not to become a participating employee upon rehire.
The bill amends several sections of the statutes, specifically 40.22 and 40.26, to incorporate this new exception. It clarifies that the suspension rules do not apply to retired law enforcement officers or firefighters who meet specific criteria, including a 75-day gap between their termination and reemployment. The new legal language includes the creation of section 40.26 (7), which outlines the conditions under which these annuitants can continue receiving their annuity while working for a participating employer.
Statutes affected: Bill Text: 40.22(1), 40.22, 40.22(2m)(intro.), 40.22(2r)(intro.), 40.22(3)(intro.)