Deciding whether to cancel participation or remain in the Variable Trust Fund is a personal decision, and should be based on your risk tolerance and your personal financial situation.
This brochure provides general information about the income tax liability on your Wisconsin Retirement System benefits. The tax treatment of WRS benefits is generally similar for federal and Wisconsin income tax purposes.
File a copy of this form with each of your former retirement systems each time you become covered under a new retirement system, for limited reciprocity between the three public employee retirement systems in Wisconsin.