A separation benefit is a one-time lump-sum payment consisting only of employee contributions, additional contributions (if applicable) and accumulated interest.
State and local government retirement systems have significant oversight and disclosure requirements, some of which are being considerably modified. Ten key takeaways regarding existing disclosures, notable changes, and their effects.
If your WRS account with ETF is eligible for a monthly annuity payment, the following is important information to consider before you apply for your benefit.
Independent Auditor’s Report on the Financial Statements and Other Reporting Required by Government Auditing Standards for the year ended December 31, 2015.