Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The department shall do all of the following:
(a) Beginning on January 1, 1990, collect, from each state agency with employees eligible to participate in an employee-funded reimbursement account plan, a fee in an amount determined by the department to equal that state agency's share of all of the following:
1. Costs under contracts with employee-funded reimbursement account plan providers.
2. The department's administrative costs under this subchapter.
(b) Establish a formula, subject to approval by the board, to determine the fees charged to state agencies under par. (a).
(c) Establish procedures for collecting the fees charged under par. (a).
(d) Collect forfeitures from employee-funded reimbursement accounts, under the terms of contracts with employee-funded reimbursement account plan providers or with employees.
(e) Deposit fees collected under par. (a), forfeitures collected under par. (d) and interest earned on the fees and forfeitures in the fund, credited to the account established under s. 40.04(9m)(a) to pay costs described in par. (a)1 and 2.
(f) Charge costs described in par. (a)1 and 2 to the account established under s. 40.04(9m)(a).
(2) The department may base the fees charged under sub. (1)(a) on estimates of anticipated administrative and contract costs.
Cite this article: FindLaw.com - Wisconsin Statutes Public Employee Trust Fund (Ch. 40) § 40.875. Administrative and contract costs - last updated January 01, 2025 | https://codes.findlaw.com/wi/public-employee-trust-fund-ch-40/wi-st-40-875/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)