An annuity is a series of monthly payments payable during the life of the annuitant or during a specific period. There are different types of annuities available called annuity options.
ET-8901
Fact Sheet
Active Employee /
Retiree /
Local Employer /
State Employer
The WRS covers employees of the state of Wisconsin and employees of local government employers who elect to participate, and Milwaukee Public School District teachers.
If you leave employment with the WRS before reaching minimum retirement age, you may keep your money with the WRS or take a separation benefit. Learn about the key things to consider before taking a separation benefit.
Information on how Variable Trust Fund participation affects your WRS annuity and adjustments to monthly benefits, and how to cancel your Variable participation.
Under certain circumstances, reciprocity may increase the retirement benefits payable to you if you worked for one or more participating public retirement systems.
Compare the two methods provided by Wisconsin statutes that employers can choose to increase the retirement benefits normally provided for employees under the WRS.