Relating to: rehired annuitants. (FE)

SB 301 revises Wisconsin's retirement rules for state retirees who return to work. It removes the previous requirement that rehired retirees must work a minimum percentage of full-time hours (one-third for those retired before July 1, 2011; two-thirds for others) to remain covered by the retirement system. Instead, the bill requires rehired retirees to file a written election to be included as participating employees, which triggers the suspension of their retirement annuity. The bill also repeals outdated provisions related to time limits for applying for retirement benefits after rehire.