AB68,230,2 1. “Annuitant” has the meaning given for purposes other than group life insurance under s. 40.02 (4).

AB68,230,4 2. “Educational support personnel employee” has the meaning given in s. 40.02 (22m).

AB68,230,5 3. “Elected official” has the meaning given in s. 40.02 (24).

AB68,230,6 4. “Governing body” has the meaning given in s. 40.02 (36).

AB68,230,7 5. “Municipal employer” has the meaning given in s. 40.02 (41n).

AB68,230,8 6. “Participating employee” has the meaning given in s. 40.02 (46).

AB68,230,9 7. “Participating employer” has the meaning given in s. 40.02 (47).

AB68,230,10 8. “Protective occupation participant” has the meaning given in s. 40.02 (48).

AB68,230,11 9. “Teacher” has the meaning given in s. 40.02 (55).

AB68,230,15 (bm) Board member status. Any member of the employee trust funds board who loses the status upon which the appointment or election was based shall cease to be a member of the board upon appointment or election to the board of a qualified successor.

AB68,230,20 (cm) Membership. The employee trust funds board shall consist of the governor or the governor's designee on the group insurance board, the administrator of the division of personnel management in the department of administration or the administrator's designee, and 11 individuals appointed or elected for 4-year terms as follows:

AB68,230,22 1. To represent the interests of annuitants and participating employees, the following individuals:

AB68,231,2 a. One member who is a participating employee and who is a public school teacher, elected by participating employees meeting the same criteria. The member elected under this subd. 1. a. may not be from the same county as the member appointed under subd. 2. e.

AB68,231,4 b. One member who is an annuitant and who retired from covered service, elected by annuitants meeting the same criteria.

AB68,231,6 c. One member who is an annuitant and who retired from covered service as a public school teacher, elected by annuitants.

AB68,231,9 d. One member who is a protective occupation participant or who retired from a protective occupation, elected by protective occupation participants meeting the same criteria.

AB68,231,12 e. One member who is a participating employee and who is an educational support personnel employee, elected by participating employees meeting the same criteria.

AB68,231,15 2. To represent the interests of participating employers, elected officials, municipal employers, and administrators, the following individuals, appointed by the governor:

AB68,231,17 a. One member who is a participating employee and who is an employee of the University of Wisconsin System or a state employee.

AB68,231,19 b. One member who is a participating employee and who is an administrator of a public school in this state.

AB68,231,21 c. One member who is a participating employee and who is an elected member of the governing body of a municipal employer that is a participating employer.

AB68,231,24 d. One member who is a participating employee as an administrator of a municipal employer that is a participating employer and who is not employed by a public school district.

AB68,232,3 e. One member who is a participating employee and who is a public school teacher. The member appointed under this subd. 2. e. may not be from the same county as the member appointed under subd. 1. a.

AB68,232,10 3. One member who is elected by participating employees and is a public member and who is not a participant in or beneficiary of the Wisconsin Retirement System, with experience in actuarial analysis, audit functions, or finance related to an employee benefit plan or experience with significant administrative responsibility for a major insurer. It is the intent of the legislature that the member elected under this subdivision shall represent the interests of the taxpayers of this state and shall not be representative of public employee or employer interests.

AB68,73 Section 73 . 15.165 (title) of the statutes is amended to read:

AB68,232,12 15.165 (title) Same; attached boards and offices.

AB68,74 Section 74 . 15.165 (1) (b) of the statutes is amended to read:

AB68,232,17 15.165 (1) (b) For purposes of this section, annuitants are deemed to be employees in the last position in which they were covered by the Wisconsin retirement system, except that annuitants may not be elected, appointed or vote under sub. (3) (a) 1., 2., 4. or 7.

AB68,75 Section 75 . 15.165 (3) of the statutes is repealed.