Relating to: correcting terminology for making additional contributions to the Wisconsin Retirement System; eliminating a social security account maintained in the public employee trust fund and removing a provision regarding liability for state employer social security remittances; and clarifying who may participate in an income continuation insurance plan provided by the Group Insurance Board (suggested as remedial legislation by the Department of Employee Trust Funds).
Failed to pass pursuant to Senate Joint Resolution 1
Summary
The bill changes the definition of “additional contribution” to include any employee‑made or employer‑provided contribution beyond required amounts. It clarifies that employees under age 70 can join group health, life, and income‑continuation insurance plans, and it removes a Social Security account from the public employee trust fund while placing liability for employer Social Security remittances on the state. These changes affect public employees, their employers, and the state’s payroll tax responsibilities.
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