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WI SB908
Bill
Status
1/27/2026
Primary Sponsor
Law Revision Committee
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AI Summary
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Replaces the term "participant" with "participating employee" in Wisconsin Retirement System statutes to clarify that only employees actively working for a participating employer may make additional contributions to their retirement accounts
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Adds income continuation insurance to the list of Group Insurance Board plans where the age 70 eligibility restriction does not apply, matching the existing exception for group health insurance
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Repeals the requirement to maintain a social security account within the public employee trust fund for crediting employee and employer OASDHI contributions, as this provision is now obsolete under federal law
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Removes state liability for delinquent FICA remittances from individual employers participating in the Wisconsin Retirement System, another provision rendered obsolete by federal law changes
Legislative Description
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).
Last Action
Available for scheduling
1/27/2026