Have you heard about the Wisconsin Public Employers (WPE) Income Continuation Insurance Program? This program is authorized by the Group Insurance Board and available to local employers participating in the Wisconsin Retirement System.
A UC Berkeley study found that Wisconsin retirees with pension income are less likely to experience economic hardships, with public pensions significantly narrowing the racial, gender, and education wealth gap among older families compared to private pensions.
If you are a local public employer in Wisconsin not currently participating in the Wisconsin Retirement System, this brochure includes information to help you understand the WRS.
Notice for members where all or a portion of a payment from the WRS is eligible to be rolled over to an individual retirement account (IRA) or an employer plan.
This paper provides comparative data on rates of early retirement among WRS members. Early retirement from the WRS is when a member retires within the window between their minimum retirement age and their statutory normal retirement date.
Sick leave is an important fringe benefit available to State of Wisconsin employees and employees of certain public authorities. Most employees earn and, depending on usage, will accumulate hours of unused sick leave while they are employed with the state or certain public authorities.