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News

Department of Employee Trust Funds
July 3, 2013

Legislative Update:
ETF Provides Summary of 2013 Wisconsin Act 20

On June 30, 2013, Governor Walker signed the 2013-15 biennial budget bill (2013 Wisconsin Act 20). The Department of Employee Trust Funds (ETF) has completed a review of the law and prepared a summary of the provisions that relate to ETF and its administration of the Wisconsin Retirement System (WRS) and other benefit programs.

Among other things, the budget bill contains a few changes to the WRS, including revisions to the law governing WRS retirees returning to work and a number of routine, technical updates to reflect federal requirements. These latter changes are necessary for the WRS to remain compliant with federal Internal Revenue Code and do not affect the benefits of WRS participants.

We will continue to keep you posted on other legislative developments as they occur. If you are interested in monitoring legislative developments more closely, you may want to check out the Wisconsin State Legislature website.

 

For More Information

ETF's Summary of 2013 Wisconsin Act 20

Return to Work Frequently Asked Questions and Answers
(2013 Wisconsin Act 20)

Return to Work Webinars

 

 

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