Bill(s)
2021 SB 498 provides an income tax exemption for WRS pension payments received by WRS protective occupation participants, correctional officers (includes county jailers see 102.475 (8) (a), and frontline workers. The bill defines “frontline worker” to mean an individual who was a state, county, or municipal employee with regular job duties that, as determined by the Employment Relations Commission in consultation with the DOR, included interacting with members of the public or with large populations of people or directly involved the maintenance of public works.
Under the bill, 25 percent of the pension payment received in 2021 is exempt; 50 percent of the payment received in 2022 is exempt; 75 percent of the payment received in 2023 is exempt; and 100 percent of the payment received in 2024 and thereafter is exempt. The bill provides that the amount exempted may not exceed the portion of the pension payment that is attributable to the period of time during which the individual was a protective occupation participant or frontline worker.
Sponsors
Status
Failed to pass pursuant to Senate Joint Resolution 1
Other
Please contact Tarna Hunter, ETF’s Government Relations Director, if you have any questions.