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.
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.
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.
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.
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.
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.
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.
