Alert on WRS Changes
7/7/15 -- Breaking News: Republicans say they’ll drop proposed changes to JSCRS.
"Swift and strong outcry from current and retired
public employees prompted majority
Republicans in the Legislature on Tuesday to
eliminate a state budget provision that would
have changed the makeup of a committee
overseeing the Wisconsin Retirement System." (WSJ, 7/7/15)
CONTACT YOUR LEGISLATORS TODAY: The Joint Finance Committee passed an amendment to the state budget (Budget Modifications #999) that changes the composition of the Joint Survey on Retirement Systems Committee (JSRSC). They want to load the committee with appointed legislators so they can rush through any changes they want to the WRS.
The JSRSC was created in 1947 and currently is composed of legislate members from both parties along with representatives from the public, the Department of Employee Trust Funds, the Attorney General, and the Insurance Commissioner.
The Committee would become entirely APPOINTED legislators under Joint Finance's proposal.
Read ETF's description of JSRSC
Read POWRS' description of Change
Read WSJ Article - Republicans Abandon WRS Changes