In February Gov. Evers released the 2019-2021 executive state budget, a proposal for how the state should manage expenses for the next two years. The budget is introduced as separate—yet identical—legislation (bills) in the Senate and the Assembly. 2019 Assembly Bill 56 and 2019 Senate Bill 59 are currently before the Joint Committee on Finance. The JCF has spent the last few months reviewing the proposed budget and will continue to review and make changes over the next few weeks.
While our website is a great place to start if you need WRS benefits information and resources, we know there are times when you need to speak with a benefits specialist. Here are some tips for getting help during this period of peak demand for ETF services.
The next Group Insurance Board meeting is scheduled for May 15. The ETF Board, Teachers Retirement Board and Wisconsin Retirement Board will next meet on June 20. Find the board meeting agendas and materials here.
Managing the Wisconsin Retirement System trust funds involves more than determining a good investment strategy. Developing a disciplined, prudent, and innovative investment strategy is what we do to mitigate against losses, keep contribution rates stable, and generate reasonable returns. In addition, the State of Wisconsin Investment Board's cost optimization efforts help ensure the WRS can meet its obligations today and in the future.