The State of Wisconsin Investment Board has announced preliminary 2019 investment returns for the Core Trust Fund and the Variable Trust Fund. How will this affect your Wisconsin Retirement System account?
Happy New Year! As the 2020s dawn, your Wisconsin Retirement System continues to be strong and well-positioned to meet the State’s retirement commitments well into the future. Thank you for all you do to make the WRS the success that it is.
This past year the WRS Trust Funds earned extremely strong preliminary gross returns; however, the true value that SWIB provides is measured over long time horizons and not simply by the rise and fall of the market in a single year. Over the long term, SWIB’s investment strategy -- along with the WRS’s unique design -- has maintained the plan’s fully funded status and kept the WRS financially stable.
SWIB Executive Director/CIO Receives Pair of Honors
State of Wisconsin Investment Board Executive Director/Chief Investment Officer David Villa has been named one of Trusted Insight’s 2019 Top 30 Public Pension Chief Investment Officers. He has also been honored as a finalist for Chief Investment Officer magazine’s Industry Innovation Awards in the category of risk management.
Know Your Benefits: Is There a "Magic Number"?
No, there is no magic number. For employees in all Wisconsin Retirement system employment category(ies) other than Protective, a member with 30 years of service can get a formula retirement benefit with no age reduction factor applied at age 57. Learn More.
The Wisconsin Legislature is expected to conclude the 2019-2020 session this spring. As of WRS News Online deadlines, here are the latest bills affecting the benefit programs administered by the Department of Employee Trust Funds.
SWIB Names New PMFA Director
SWIB is excited to announce that Anne-Marie Fink is the agency’s new Private Markets and Funds Alpha managing director. As such, Fink is responsible for overseeing SWIB’s private equity, real estate, hedge funds, externally managed accounts, private debt, and venture capital portfolios.