A separation benefit is a one-time lump-sum payment consisting only of employee contributions, additional contributions (if applicable) and accumulated interest.
Report
Active Employee /
Board Member /
Local Employer /
State Employer
The Comprehensive Annual Financial Report of the Wisconsin Department of Employee Trust Funds for the year ended December 31, 2005 provides comprehensive information about ETF, the Wisconsin Retirement System, and other benefit programs administered by ETF.
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Active Employee /
Retiree /
Other Benefit Recipient /
Board Member /
Local Employer /
State Employer
Compare the two methods provided by Wisconsin statutes that employers can choose to increase the retirement benefits normally provided for employees under the WRS.
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.
ETF Budget and Management Director Tarna Hunter summarizes several Wisconsin Legislature proposals that, if passed, will affect rehired teacher and protective service annuitants. Other bills are also being monitored by ETF.