The uncertainty of COVID-19 has had a major impact on global financial markets. The State of Wisconsin Investment Board is continuing to monitor, analyze, and respond to market conditions. Here is a status update.
Here’s an update from the Wisconsin Deferred Compensation Program, including reminders about personal investing and market turmoil, enhanced security of online services, appointments with local plan reps, and more.
The only way to access your WRS retirement account before reaching minimum retirement age is to close your account and take a separation benefit. But carefully consider the consequences—you would be forfeiting employer paid contributions, interest, and creditable service.
Our online calculators and tools come in very handy when you want to do things like request a benefit estimate, calculate the cost of choosing an Accelerated Payment annuity option, and much more.
Your statement is a once-a-year summary of your retirement account information. It’s also one of your most important financial planning tools! Here are some essential things to know and do once you get your statement.
Your deposits – called additional contributions – are invested in the WRS trust funds and earn the effective rate of interest each year. There are also other ways to increase your retirement income.
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.
Delivery of the Wisconsin Retirement System annual Statement of Benefits has been delayed for local government employees. Here is an update on the distribution of statements to all WRS members, both state and local.
ETF has compiled answers to frequently asked questions by employers and members about the impact of the global Coronavirus pandemic (COVID-19) on Wisconsin Retirement System retirement and insurance benefits.