The Department of Employee Trust Funds published a Wisconsin Retirement System Financial Report as of and for the year ending December 31, 2019. This report provides information about the WRS, including the related financial statements and an unmodified, or “clean”, audit opinion.
ETF and the Wisconsin Department of Financial Institutions have been awarded a $100,000 grant to establish a financial wellness program for Wisconsin public service employees, retirees, and their families. The one-year grant is funded by the Wells Fargo Foundation.
ETF Secretary Bob Conlin has notified the ETF Board that he will be stepping down from his post in March of 2021. The ETF Board will discuss a strategy for finding Conlin’s replacement at its meeting on September 17.
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.
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.
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.
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.