Relating to: creating WisEARNS, granting rule-making authority, and making an appropriation. (FE)
Fiscal estimate received
Summary
The bill establishes a WisEARNS board attached to the state treasurer and creates a WisEARNS retirement‑savings program for employees who are 18 or older and whose private employers do not offer a qualified retirement plan. It sets rules for board membership, vendor selection and plan administration, and includes an appropriation to fund the effort. The goal is to expand retirement savings access for workers at small businesses and other employers lacking plans.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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