Employer Bulletin

State Agencies & Local Deferred Compensation Employers
Vol. 22, No. 12
June 27, 2005

New Wisconsin Deferred Compensation Program Administrator Announced

The State of Wisconsin Deferred Compensation Board recently selected Great-West Retirement Services to administer the Wisconsin Deferred Compensation (WDC) Program beginning January 1, 2006. The new service provider, the Deferred Compensation Board, and the Department of Employee Trust Funds are committed to making the transition as seamless as possible for both employers and participants. In addition to maintaining the services and investment options WDC participants currently enjoy, Great-West Retirement Services will provide additional features and enhancements for participants and employers at a lower cost than what the WDC currently pays for similar administrative services.

Additional information on the change in WDC service providers will be conveyed to you later this summer after the WDC administrative contract is finalized. In the meantime, if you have any questions, please contact Shelly Schueller at shelly.schueller@etf.state.wi.us or 608-266-6611.