WDC Contribution Limits Increased in 2020
The IRS has set a 2020 contribution limit of $19,500 OR 100% of your includible compensation and increased the age 50+ catch-up contribution and the “special” catch-up contribution were also increased. Find out how you can enhance your retirement savings with these new provisions.
SWIB Executive Director/CIO Receives Pair of Honors
State of Wisconsin Investment Board Executive Director/Chief Investment Officer David Villa has been named one of Trusted Insight’s 2019 Top 30 Public Pension Chief Investment Officers. He has also been honored as a finalist for Chief Investment Officer magazine’s Industry Innovation Awards in the category of risk management.
Know Your Benefits: Is There a "Magic Number"?
No, there is no magic number. For employees in all Wisconsin Retirement system employment category(ies) other than Protective, a member with 30 years of service can get a formula retirement benefit with no age reduction factor applied at age 57. Learn More.
SWIB Names New PMFA Director
SWIB is excited to announce that Anne-Marie Fink is the agency’s new Private Markets and Funds Alpha managing director. As such, Fink is responsible for overseeing SWIB’s private equity, real estate, hedge funds, externally managed accounts, private debt, and venture capital portfolios.
Webinar: How Rates and Adjustments Determined
How are WRS effective rates and annuity adjustments determined, and how do they affect your benefits? Take in our webinar and find out. Sessions are scheduled through March and offered at convenient day and evening hours. Find this and all ETF webinars on our Events webpage.
The Wisconsin Legislature is expected to conclude the 2019-2020 session this spring. As of WRS News Online deadlines, here are the latest bills affecting the benefit programs administered by the Department of Employee Trust Funds.
Well Wisconsin is Back and Better for 2020! What's new in 2020 for the Well Wisconsin Program? A new portal, for one thing! Watch a new video and learn about the many cool new features and programs to keep you on track with your health and wellness goals.