Assembly Bill 138 proposes amendments to the Wisconsin Retirement System (WRS) regarding the rehiring of certain annuitants, specifically jailers and protective occupation participants. The bill introduces an exception to the current requirement that annuitants must suspend their retirement or disability annuity upon reemployment with a WRS-participating employer. Under the new provisions, an annuitant who retired from a participating employer can be rehired without suspending their annuity if they meet specific conditions, including not having an agreement to return to work at the time of retirement and choosing not to become a participating employee upon rehire.

The bill also clarifies the treatment of county jailers who opt out of protective occupation status, ensuring they are treated similarly to those who are protective occupation participants. The amendments include changes to sections 40.22 and the creation of section 40.26 (7), which outlines the conditions under which the suspension of annuities does not apply. This legislation aims to provide more flexibility for retired employees returning to work while maintaining the integrity of the retirement system.

Statutes affected:
Bill Text: 40.22(1), 40.22, 40.22(2m)(intro.), 40.22(2r)(intro.), 40.22(3)(intro.)