WRS News Online

EMPOWER Earns Financial Literacy Honors

Shelly Schueller and Tarna Hunter
EMPOWER is coordinated by Tarna Hunter, ETF's legislative liaison (right), and Shelly Schueller, director of the WDC.

The EMPOWER campaign, which has been engaging and inspiring women to take charge of their own retirement financial planning and security, received a 2015 Governor’s Financial Literacy Award from the Governor's Council on Financial Literacy.

The Department of Employee Trust Funds partnered with the Wisconsin Deferred Compensation Program and Affirmative Action Committees at more than a dozen Wisconsin state agencies to roll out the EMPOWER campaign a year ago.

With report after report concluding Americans overall have little to no retirement savings, why focus on women? "Because women are at the epicenter of the crisis," says Tarna Hunter, EMPOWER coordinator. "A woman's road to retirement is less financially secure and her post-retirement sources of income–including Social Security, private and public pensions, and personal retirement savings–are lower. Regardless of your age, financial situation or amount of time in the workforce, the reality is this: The sooner you start saving for your retirement, the better."
Other kudos for the EMPOWER campaign:

  • 2015 Innovator Award by Pensions & Investments Magazine
  • Wisconsin State Council on Affirmative Action 2015 Diversity Award

To learn more about the EMPOWER campaign and how you can improve personal budgeting, investing for women, simplifying money, saving money on a lower income, protecting against identify theft and much more, visit EMPOWER today.