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GIB Approves Modest Premium Increase for 2021; Below National Trend Again

The Group Insurance Board recently approved an overall health insurance premium increase of 2.7% for state employees and minor benefit changes for 2021. This is the second year in a row that rates have been less than the national trend.

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Living Our Values – A Message from ETF

ETF's mission is to deliver quality benefits and services to WRS members and their families while protecting the integrity of the Public Employee Trust Fund. We value the diversity of those we serve, and we believe our greatest asset is our workforce. Learn more about who we are and what we do.

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Be Safe, Be Well and Keep Informed About Your WRS Benefits

Despite the uncertainty caused by the COVID-19 pandemic, ETF wants you to know that our commitment to providing services and protecting the health and safety of WRS members, our staff, and business partners has never wavered. Here are some highlights of how we’ve been doing as an agency.

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SWIB Response to COVID-19

As the world continues to respond to the COVID-19 pandemic, SWIB -- with its highly diversified strategy -- is well positioned to weather the current market volatility. We continue to actively monitor investments and seek out market opportunities to keep the trust funds strong for the long term.

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Open Enrollment Period Set; Attend a Health Benefits Webinar

The It’s Your Choice health benefits open enrollment period will be September 28-October 23. ETF is hosting a series of webinars for members to learn about health insurance, pharmacy, dental, vision, and supplemental benefits of the Group Health Insurance Program. There will also be opportunities to connect with health plans and other vendors at these one-hour sessions held during open enrollment. Register now.

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SWIB Podcast Features Timely, Important Information

SWIB is excited to announce an all new podcast series, The SWIB Podcast, where WRS members can turn to for timely information about the investments that help fund the state’s pension system. Podcasts feature discussions with SWIB staff regarding the global market environment and SWIB’s investment strategies that keep the WRS positioned for long-term success.

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Highlights from The SWIB Podcast A Conversation with David Villa About SWIB’s Investment Strategy During the Pandemic

The COVID-19 pandemic has had a significant impact on the financial markets across the globe. Despite the volatility the pandemic has caused in the markets, SWIB has stayed the course with its strategy for investing the funds of the WRS. Learn more of from this podcast interview with SWIB Executive Director David Villa.

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Take Action: Get a Flu Shot and Stay Healthy This Season

Flu season is approaching and typically runs through May. Think about getting your flu vaccine as soon as possible. While the flu vaccine won’t protect you from developing COVID-19, it’s still a good idea to get flu shot. Find out about CDC guidelines and where you can get a flu shot.

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Stay Well, Wisconsin!

It’s easier than ever to fulfill the Well Wisconsin program activities and earn your wellness incentive. And check out recorded episodes of Well Wisconsin! Radio. Episodes feature wellness news and information in an interview-style forma, including: how to get better quality sleep, how to safely explore and enjoy our beautiful state parks, and free health coaching.

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Know Your Benefits: Can I get an In-Person Retirement Appointment?

ETF has canceled all in-person appointments and benefits presentations through the end of this year, due the COVID-19 pandemic. In addition, ETF staff are not traveling to on-site health benefits fairs. Here’s how you can talk with a benefits specialist to get the help you need, including scheduling a retirement appointment.

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WDC Program Update

Check out the new line up of recorded presentations and live webinars from the Wisconsin Deferred Compensation Program – all designed to help you increase your investment savvy and save for a financially secure retirement. And here are details of two CARES Act provisions affecting WDC participants.

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‘Conditional’ Variable Cancellation: Know the Difference Between Effective Date and Transfer Date

If you choose the “conditional” option for cancelling Variable Trust Fund participation, understand the difference between the effective date and the date the funds are actually transferred.

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SWIB Part of Global Peer Financing Association

SWIB has joined three leading pension plans to create a peer-to-peer network that encourages the development of a more effective and transparent marketplace for securities financing activities and brings asset owners to together to share best practices and unite as a voice in the investment industry.

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David Villa Named to Institutional Investor Allocator Voices

SWIB Executive Director/Chief Investment Officer David Villa has been named to Institutional Investor 2020 Allocator Voices, an elite group of innovators who lead some of the most cutting-edge investment institutions. Villa is one of 30 influential innovators from the North America class.

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Pharmacy Update: Allow 10 Days for Delivery of Mail Order Medications

Group health insurance program members who utilize Serve You Rx should allow for these time frames: up to ten days for refillable prescriptions and up to two weeks for new prescriptions. Specialty medications are delivered next day. Learn how utilizing mail order for prescriptions can save time and money.

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Telehealth and Nurseline Reminders

Check out our web resources listing participating group health insurance plans’ options for telehealth and nurseline services.

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SWIB Retirement Funds Annual Report Available Online

SWIB’s Retirement Funds Annual Report and Schedule of Investments are now available for viewing. Here are links and more information.

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Upcoming Governing Board Meetings

Find out when the next scheduled meetings are set for the Group Insurance Board, the WRS retirement boards (ETF Board, Teachers Retirement Board, and Wisconsin Retirement Board), the Deferred Compensation Board, and the SWIB Board of Trustees.

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