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Important News About Delta Dental Supplemental Insurance Select Plan

State employees who have the Delta Dental Supplemental Insurance Select Plan: Make sure your dentist is a PPO provider. If your dentist is not a PPO provider (for example, a Premier provider), the new Select Plan will not cover your visits to that dentist.

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It’s No Accident: WRS is Strong, Healthy -- by Robert Conlin, ETF Secretary

Your Wisconsin Retirement System remains in solid financial condition. As you can see from the November edition’s A Look at 2017 WRS Financials, the WRS continues to be very well funded, with more than $100 billion in assets.

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Robert Conlin

SWIB Remains Positioned for Future Success -- by David Villa, SWIB Executive Director and Chief Investment Officer

In 2006 the trustees of the State of Wisconsin Investment Board set out on a mission to transform the agency into a premier asset management firm. By building on past success with an eye toward continuous improvement, SWIB has become a recognized world-class investment manager.

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David Villa

Webinar: How Rates and Adjustments Determined

Take in this Department of Employee Trust Funds webinar to learn more about how Wisconsin Retirement System effective rates and annuity adjustments are determined and how they affect your WRS benefits. You can watch and listen to the webinar, but feel free to ask questions at the end, too!

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Webinars

Update: 2019 Life Insurance Premium Rates and Cancellation Change

The Group Insurance Board recently approved life insurance premium rates for all employees who participate in the group life insurance program.

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Telemedicine: Health Care in Your PJs

Telemedicine services through your health plan are covered at 100% for non-High Deductible Health Plan (HDHP) options. If you're on an HDHP, you will pay the full cost of the telemedicine services until you meet your deductible.

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Telemedicine Video

WDC Program News

In November the Deferred Compensation Board approved moving the FDIC Bank Option from Nationwide Bank to Johnson Bank. Nationwide Bank exited the banking business and could no longer support the Wisconsin Deferred Compensation Program’s FDIC Bank Option.

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Know Your Benefits: Am I Eligible for the Sick Leave Program?

An important benefit the state provides its employees is the sick leave benefit. Each pay period, employees receive sick time. If they don’t use the sick time, the time is saved and converted to credits to pay for health insurance upon retirement. The sick leave credit program is run by the Department of Employee Trust Funds.

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Know Your Benefits

ETF Board Lowers Investment Return Assumption

The Employee Trust Funds Board, acting on the recommendations of its independent consulting actuary, recently updated key economic and demographic assumptions used to value the liabilities of the Wisconsin Retirement System.

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ETF Website Redesign Project Under Way

The Department of Employee Trust Funds is redesigning its website to make it easier for you to find information and learn about your ETF-administered benefits. Earlier this month we gave board members of one of our stakeholder groups, the Wisconsin Coalition of Annuitants, a preview of the new site’s modern look and feel.

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Man Viewing Image of New Website

Well Wisconsin Webinar: 2019 Program News and Highlights

Join us Wednesday, February 13 at 12:00 noon to learn about the 2019 Well Wisconsin Program and resources available to help you reach your well-being goals.

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Well Wisconsin Logo

SWIB Wins Allocators’ Choice Award

SWIB has long been recognized as an investment leader because of its success in maintaining the WRS and for the highly-qualified staff overseeing the retirement trust funds. That recognition continued in 2018 with a pair of honors.

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SWIB’s Drummond Takes Part in Next CIO Competition

Competing under challenging circumstances is nothing new for Derek Drummond. As a SWIB investment manager, Drummond is constantly challenged to find investments across traditional and alternative strategies that will benefit the Wisconsin Retirement System and its members.

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Derek Drummond Photo

Carpenter Reflects on 30 Years at SWIB

Numbers are a big part of Chuck Carpenter’s job at SWIB. As the managing director of the Private Markets and Funds Alpha Division, Carpenter spends a lot of time reviewing investment returns and portfolio projections. As Carpenter prepares to retire in April, he reflected on another number, 30 years at SWIB, Carpenter said there is only one figure that is truly the most important to him: The more than 632,000 members of the Wisconsin Retirement System.

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Chuck Carpenter Photo

New ETF Drop Box for Documents

Employee Trust Funds has installed a drop box for members who simply need to drop off a document or form – no need to bring it up to our 8th floor reception desk! Look for this secure, locking drop box outside the Visitor’s entrance to the Hill Farms State Office Building.

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ETF Drop Box

Video: How to Use Opioids Safely

Medications are generally good for you, but some, if taken incorrectly, can be harmful.

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Upcoming Board Meetings

The next Group Insurance Board meeting is set for February 20. The ETF Board, Teachers Retirement Board, and Wisconsin Retirement Board will meet on March 21.

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ETF Seeks Individuals with Abandoned Accounts

Every January ETF publishes a notice of individuals age 70 or older who have abandoned WRS accounts.

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