A separation benefit is a one-time lump-sum payment consisting only of employee contributions, additional contributions (if applicable) and accumulated interest.
"It ain’t over till it’s over." That was certainly true for 2023. Just when it looked like many of the same issues that investors faced in 2022 would hold down returns, 2023 finished strong.
If you are the owner of a WRS account from which a WRS death benefit or life insurance benefit would be payable upon your death, you may file a beneficiary designation.
Due to 2023 Wisconsin Act 4, county correctional officers (jailers) who are categorized as general employees will become protective occupation employees under the Wisconsin Retirement System, unless they opt out. Learn about who is affected, decision deadlines, and what this means for a jailer’s WRS benefits.