Department of Employee Trust Funds
March 1, 2013
Announces 2013 Adjustments, 2012 Effective Rates
The Department of Employee Trust Funds (ETF) has announced the
2012 effective rates and 2013 annuity adjustments for the Wisconsin
Retirement System (WRS) Core Fund and Variable Fund.
New effective rates will be reflected on employees' annual Statement
of Benefits, set for distribution by ETF in April. The 2013 annuity
adjustments will first be reflected on retirees' May 1, 2013 payments.
| 2012 SWIB
| 2012 Effective Rate
(applied to employees'
| 2013 Annuity Adjustment
Not all retirees will receive the -9.6% Core annuity adjustment.
The actual rate applied to an individual’s Core annuity will
depend on the extent to which the annuity has grown over time with
previously-granted increases (dividends). By law, these dividends
can be repealed through negative Core annuity adjustments.
For more detailed information, please read ETF’s
Additional ETF resources:
Information for Retirees Regarding
2013 Annuity Adjustments
My Minimum Core Annuity (“Core Floor”) Amount?