Updated
Updated · WISN Milwaukee · Aug 20
Milwaukee County Supervisor Seeks to End Part-Time Pension Program Costing $194,000 a Year
Updated
Updated · WISN Milwaukee · Aug 20

Milwaukee County Supervisor Seeks to End Part-Time Pension Program Costing $194,000 a Year

2 articles · Updated · WISN Milwaukee · Aug 20

Summary

  • Sheldon Wasserman proposed legislation to soft-close Milwaukee County’s OBRA pension plan for part-time and seasonal workers and move future hires into Social Security.
  • A county study found the system misses many eligible former workers: 47% of 422 people due payments since 2019 never received them, often because the county cannot locate them.
  • That failure carries a price tag — OBRA has averaged $194,000 a year in administrative costs, with unclaimed money eventually going to the state after repeated outreach attempts.
  • Several hundred employees could be affected, including lifeguards, pool attendants and park workers, though current participants would be asked whether to switch or stay in OBRA.
  • County Executive David Crowley’s office said it will review the proposal and its fiscal impact; Wasserman said a board vote could come in September or October, but a full phaseout would take years.

Insights

What happens to the unclaimed retirement funds of transient workers if Milwaukee County phases out its decades-old OBRA program?
Could switching seasonal workers from OBRA to Social Security actually cost Milwaukee County more in employer payroll taxes?