Number
230821
Version
SUBSTITUTE 1
Reference
230357, 230362, 230822
Sponsor
ALD. PEREZ
Title
Substitute resolution relating to the City of Milwaukee’s enrollment in the Wisconsin Retirement System.
Analysis
This resolution designates the Chief Financial Officer of the Employes’ Retirement System as the City’s agent for the Wisconsin Retirement System. It also designates the Employes’ Retirement System Deputy Director as the City’s alternate agent.
Body
Whereas, 2023 Wisconsin Act 12 was enacted on June 20, 2023; and
Whereas, 2023 Wisconsin Act 12 requires any city of the 1st class that imposes a sales and use tax under s. 77.701(1), Wis. Stats., to join the Wisconsin Retirement System for all new employees; and
Whereas, Common Council File Number 230357 imposed a sales and use tax under s. 77.701(1), Wis. Stats., and elected to enroll new City of Milwaukee employees in the Wisconsin Retirement System beginning on January 1, 2024; and
Whereas, The Wisconsin Retirement System requires the governing body of each participating employer to file with the Department of Employee Trust Funds a written designation authorizing an employer agent or agents to act on its behalf in all matters pertaining to the Wisconsin Retirement System and the Department of Employee Trust Funds; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the City of Milwaukee Employes’ Retirement System Chief Financial Officer is hereby designated to serve as the City’s employer agent, and is authorized to act on the City’s behalf in all matters pertaining to the Wisconsin Retirement System and the Department of Employee Trust Funds; and, be it
Further Resolved, That the City of Milwaukee Employes’ Retirement System Deputy Director is hereby designated to serve as the City’s alternate employer agent, and is authorized to perform any and all acts required by law of the employer agent; and, be it
Further Resolved, That all City departments and offic...
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