Apply for a separation benefit. A separation benefit is a one-time, lump-sum payment consisting only of employee contributions, additional contributions (if applicable), and accumulated interest.
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.
This brochure describes the type of additional contributions that you can make, the benefits of making these contributions and the restrictions that apply.
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.