Note: Section 15 clarifies that, under the Wisconsin Retirement System, an
annuitant may not earn contributions and creditable service during a period in which the
annuitant receives an annuity from the Wisconsin Retirement System based on the
annuitant's own service as a participating employee.
SB996,16 5Section 16 . 40.86 (1) (intro.) of the statutes is created to read:
SB996,10,76 40.86 (1) (intro.) Expenses authorized under section 125 of the Internal
7Revenue Code, which may include any of the following:
SB996,17 8Section 17 . 40.86 (1) of the statutes is renumbered 40.86 (1) (a).
SB996,18 9Section 18 . 40.86 (2) of the statutes is renumbered 40.86 (1) (b).
SB996,19 10Section 19 . 40.86 (3) of the statutes is renumbered 40.86 (1) (c).
SB996,20 11Section 20 . 40.86 (4) of the statutes is renumbered 40.86 (2m).
Note: Sections 16 and 20 align statutory language with the Internal Revenue
Code by distinguishing between expenses reimbursable under two different plan types.
Sections 16 to 19 address expenses authorized under section 125 plans, and Section 20
addresses expenses authorized under section 132 plans.
SB996,10,1212 (End)