This brochure describes the type of additional contributions that you can make, the benefits of making these contributions and the restrictions that apply.
It's no secret that 2022 was a challenging year for the financial markets. There was nowhere to hide for investors looking to escape the volatility that impacted almost every asset class, including stocks. Susan Schmidt, SWIB’s head of public equities in the Global Public Market Strategies Division, oversees what is sometimes referred to as a “best ideas portfolio,” an important piece of SWIB’s long-term investment strategy.
This issue features columns from the WRS leadership and articles on ETF’s projections for increased annuity adjustments in 2024, a study on Wisconsin pensions reducing poverty across retiree demographics, SWIB’s asset allocation targets for 2024, and WDC fees reduced for 2024.
The following information is for those retirees who are transitioning into Medicare under the State or the Wisconsin Public Employers Group Health Insurance Programs.
A recent report by The Pew Charitable Trusts identified key WRS practices that make the Badger State one of the “well-funded states with tools to manage risk,” highlighting how other states could learn from the Wisconsin experience.