Department of Employee Trust Funds
May 24, 2013
Legislative Update: Joint
Committee on Finance
Acts on Re-hiring of WRS Annuitants
Committee on Finance recently took action on provisions of the
executive budget bill (2013
Assembly Bill 40) affecting Wisconsin Retirement System (WRS)
annuitants being re-hired by participating WRS employers.
The Joint Committee on Finance’s provisions in Assembly Bill
- Lengthening the current 30-day waiting period before an annuitant
can be re-hired by a WRS participating employer to 75 days.
- Rehired annuitants who are expected to work at least 1,392
hours annually are ineligible to receive annuity payments and
must return to WRS participating employee status. The original
annuity is suspended. A new account will be created for the second
period of employment and upon re-retirement, the original annuity
will be unsuspended and a second annuity will be calculated for
the second period of employment.
- Requires termination of annuities for rehired annuitants who
enter into a contract with a WRS employer and work at least 1,392
hours annually. The annuity payments resume when the annuitant
no longer provides service under the contract.
The provisions relating to the suspension and calculation of annuities
for rehired annuitants first apply to WRS annuitants who return
to covered employment as WRS participating employees on the effective
date of the bill. The remaining provisions first apply to WRS participating
employees who terminate employment on the effective date of the
As with any legislative proposal, the provisions are subject to
change. ETF will continue to monitor developments and provide updates
as they occur. Watch this website for the latest information.
For More Information
Initial Review of 2013-2015 State Budget (February 22, 2013).
If you are interested in monitoring legislative developments more
closely, you may want to check out the Wisconsin
State Legislature website.