SWIB's investment management of the WRS generated more than $3.1 billion of net outperformance over the last five years. In 2023, SWIB beat its one-, five-, and ten-year benchmarks for the Core Trust Fund.
Effective Jan. 1, 2024, administrative fees paid by participants of the Wisconsin Deferred Compensation Program (WDC) will decrease by an average of 40% as recently approved by the Deferred Compensation Board.
Based on positive preliminary figures of 2023 investment performance, ETF projects that employees’ effective rates of interest will increase for both Core and Variable Funds this year.
Promote upcoming Well Wisconsin webinars, seize the ZZZZ challenge, and snowshoeing workshops. Catch up on other ways Well Wisconsin is here to support employers with their employee well-being efforts.
Please share this message with your employees to provide time and registration links to the Preparing for Your Retirement webinars. These free one-hour evening presentations are designed for WRS members who are within five years of retirement.
Audited schedules as of, and for the year ended, December 31, 2023 are now available for state and local employers participating in the WRS, state and local employers participating in the Group Life Insurance Program, and state employers participating in the SHICC Program.
This news for state employers provides 2025 health insurance rates, as well as information about the State Maintenance Plan (SMP). The 2025 health benefits open enrollment period is September 30 - October 25, 2024.