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Current as of January 01, 2025 | Updated by Findlaw Staff
A local governmental unit, as defined in s. 66.0131(1)(a), may not establish a defined benefit pension plan for its employees unless the plan requires the employees to pay half of all actuarially required contributions for funding benefits under the plan and prohibits the local governmental unit from paying on behalf of an employee any of the employee's share of the actuarially required contributions.
Cite this article: FindLaw.com - Wisconsin Statutes Municipalities (Ch. 59 to 68) § 66.0518. Defined benefit pension plans - last updated January 01, 2025 | https://codes.findlaw.com/wi/municipalities-ch-59-to-68/wi-st-66-0518/
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