State of Wisconsin
Department of Employee Trust Funds
Employee Trust Funds Board
Wisconsin Retirement Board
Teachers Retirement Board
FINAL DRAFT REPORT ON CLEARINGHOUSE RULE #23-023
An order to repeal ETF 10.61 and 62, 10.82 (2) (f) 3., 52.06 (1) and (2) (b), and 52.10 (2); to renumber ETF 10.50, 10.82 (2) (f) 1., 52.06 (2) (a), and 52.10 (1); to amend ETF 10.01 (3d), 10.64 (1), 10.75 (2) (e), 20.03 (1), 20.07 (3), (5) and (5) Note, 50.58 (2), 52.07 (3) (d), 52.28 (2), and 60.53 (2) (e) 1. c., (2) (f) and (2) (g); and to create ETF 10.50 (2), 20.35 (1) (a) Note, and 50.315; relating to technical and minor substantive changes to update ETF rules.
Agency Person to be Contacted for Questions 2
Statement Explaining Need for Rule 2
Analysis Prepared by Department of Employee Trust Funds 2
Statutes interpreted 2
Statutory authority 2
Explanation of agency authority 2-3
Related statutes or rules 3
Brief summary of the final rule 3-4
Summary of, and comparison with, existing or proposed federal regulations 4
Comparison with rules in adjacent states 4
Summary of factual data and analytical methodologies 4
Analysis and documentation concerning effect on small businesses 4
Statement of effect on small business 4
Regulatory Flexibility Analysis 4
Fiscal Estimate and Economic Impact Analysis 4
Text of Rule 5-8
Department of Administration s. 227.137 Report None Energy Impact Report None
Legislative Council Staff Clearinghouse Report 9-11
Response to Legislative Council Staff Recommendations 12
List of Persons Who Appeared or Registered at the Public Hearing 12
Summary of Public Comments 12
Modifications to the Rule as Originally Proposed as a Result of Public Comments 12
Modifications to the Analysis Accompanying the Proposed Rule 12
Modifications to the Fiscal Estimate 13
Board Authorization for Promulgation 13
Effective Date 13
The scope statement for this rule, SS 005-23, was approved by the Governor on December 15, 2022, published in Register No. 805A3, on January 17, 2023, and approved by ETF Secretary A. John Voelker on January 30, 2023. Agency Person to be Contacted for Questions
