Section 50.40. Purpose.

Latest version.

(1) The purpose of this subchapter is to provide long-term disability insurance coverage to participating employees as of October 15, 1992, who elect its benefits as provided in s. ETF 50.46 and to all persons who become participating employees on or after October 16, 1992.

(2) This subchapter replaces the disability annuity under s. 40.63 , Stats., with group long-term disability insurance. Benefits under the disability annuity program under s. 40.63 , Stats., are not available to participating employees to whom this subchapter applies as provided in s. ETF 50.44 .

History: Emerg. cr. eff. 10-15-92; cr. Register, May, 1993, No. 449 , eff. 6-1-93.

                    
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