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Senate Committee Approves WRS Retirement Age Bill; Assembly Committee Will Vote Tomorrow

By John Forester | February 12, 2020

Senate Bill 612, which would increase the WRS minimum retirement age and allow annuitants to temporarily return to public work without suspending their pensions, cleared the Senate Committee on Government Operations, Technology and Consumer Protection on a party line, 3-2 vote.  As you know, the SAA opposes this bill.  Detail of the committee action appears below.

SB-612 Increasing Retirement Age (Stroebel, Duey) Increasing the minimum retirement age under the Wisconsin Retirement System; decreasing the minimum break in service for annuitants in the Wisconsin Retirement System who are rehired by a participating employer, and allowing rehired annuitants to elect to not participate in the Wisconsin Retirement System. Am.1 adopted, 3-2.   Passage as amended recommended, 3-2.

The Assembly Committee on State Affairs will vote tomorrow on Assembly Bill 670, the Assembly companion to SB 612.

Stay tuned.  The SAA will keep the membership informed of all developments on this important legislation.

See the SAA testimony opposing AB 670.

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