Local government employers may choose to pay for continued life insurance coverage for their employees in retirement. To do so, local employers must submit the Local Employer Paid Life Insurance Coverage (ET-1660) form.
The Comprehensive Annual Financial Report of the Wisconsin Department of Employee Trust Funds for the year ended December 31, 2002 provides comprehensive information about ETF, the Wisconsin Retirement System, and other benefit programs administered by ETF.
The Comprehensive Annual Financial Report of the Wisconsin Department of Employee Trust Funds for the year ended December 31, 2011 provides comprehensive information about ETF, the Wisconsin Retirement System, and other benefit programs administered by ETF.
The Group Insurance Board has approved the Wisconsin Public Employer Group Life Insurance premium rates for local employees. Claims experience has been stable, resulting in no change to local employee premium rates for 2021.
The Group Insurance Board has approved the Wisconsin Public Employer Group Life Insurance premium rates for local employees. Claims experience has been stable, resulting in no change to local employee premium rates for 2023.
Living Benefits are the proceeds of your life insurance coverage under the Wisconsin Public Employers Group Life Insurance program that are paid to you while you are still living rather than to your beneficiaries after your death.
Pew Charitable Trusts has cited the WRS as one of three public employee pension plans that has maintained high funded ratios at predictable costs over the past 20 years. The WRS has “exemplary characteristics,” Pew noted, “including a path to retirement security for all workers within clearly defined cost targets, a plan for managing risk, and a commitment to ensuring that policies are transparent and clearly communicated to stakeholders.”
ETF has published its Annual Comprehensive Financial Report for 2021. This report provides information about the WRS and other benefit programs administered by ETF, including the related financial statements and independent auditor’s report.