Statutes, codes, and regulations
Wisconsin Administrative Code
Agency - Department of Employee Trust Funds
Chapter ETF 20 - Wisconsin Retirement System
Section ETF 20.06 - Early retirement reduction factors

Wis. Admin. Code Department of Employee Trust Funds ETF 20.06

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Current through October 28, 2024
Section ETF 20.06 - Early retirement reduction factors

Pursuant to s. 40.23(2), Stats., this section applies only to participants who are not participating employees after March 9, 1984. In computing a formula annuity in the normal form beginning prior to the normal retirement date of a participant, there shall be a .5% reduction for each month the participant's age is under 65 but at least 60 and a .4% reduction for each month the participant's age is under 60.

Wis. Admin. Code Department of Employee Trust Funds ETF 20.06

Cr. Register, June, 1979, No. 282, eff. 1-1-80; renum. from ETF 7.02(2), Register, November, 1982, No. 323, eff. 12-1-82; am. Register, March, 1986, No. 363, eff. 4-1-86.