Schmidt v. Wisconsin Employe Trust Funds Board

The issue before us is whether the court of appeals correctly interpreted and applied the language of sec. 42.245(1), Stats. 1965 1 to hold that the appellant, James Schmidt, is entitled to three years of creditable teaching service. The three years represent one-half of the six years of prior teaching service accumulated. At issue are the rights retained under the State Teachers Retirement System Fund for the period 1957 to 1963 after Schmidt withdrew his member deposits and signed a waiver of rights to state deposits which accumulated during those six years. We hold that the plain language…