Tarna Hunter, ETF Government Relations Director

Wisconsin’s 2021-23 biennial budget bill (2021 Wisconsin Act 58) became law on July 8. The budget funds state government operations and local spending commitments such as school aids and other funds for local governments. ETF approached the 2021-23 budget process from the perspective of solidifying the fundamentals of a well-managed pension system. With that as the goal, our budget submission included proposals to strengthen system governance and fund critical components of our operations. The approved budget provides the Department of Employee Trust Funds the necessary resources to effectively administer the Wisconsin Retirement System and other benefit programs.

Act 58 did not make any changes to Wisconsin Retirement System benefit programs. However, it did provide for a Cybersecurity Analyst request to support and maintain our robust cybersecurity program. This permanent position is critical to the ongoing management of cybersecurity, especially as ETF moves to modernize information technology systems and manage WRS benefits for members online.

Recent proposed legislation includes:

  • 2021 SB 498, which would provide an income tax exemption for WRS pension payments received by WRS protective occupation participants, correctional officers, and frontline workers.
  • 2021 SB 367 and 2021 AB 373, which would allow an annuitant who was a law enforcement officer or fire fighter to return to work with an employer who participates in the WRS, work two‑thirds of full-time, and elect to not become a participating employee for purposes of the WRS, and instead continue to receive his or her annuity.

ETF's Government Relations web page is a great way to stay informed about state and federal legislation that may affect WRS pension, insurance, and other benefit programs. In addition to laws passed by legislative session, we also list legislative proposals, laws and proposals from previous sessions, recent ETF action items and benefit news.

 

ETF's Government Relations web page is a great way to stay informed about state and federal legislation that may affect WRS pension, insurance, and other benefit programs. In addition to laws passed by legislative session, we also list legislative proposals, laws and proposals from previous sessions, recent ETF action items and benefit news.

 

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