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.
The results of the 3-year investigation of experience of the Wisconsin Retirement System are presented in this report. The investigation was made for the purpose of updating the actuarial assumptions used in valuing the actuarial liabilities of the Wisconsin Retirement System in compliance with Section 40.03(5)(b) of the Wisconsin Statutes.
The Annual Comprehensive Financial Report gives information about ETF, the Wisconsin Retirement System, and other benefit programs administered by ETF. This page includes a listing of the ACFRs and WRS Financial Statements.
Eligible, retired public safety officers receiving a Wisconsin Retirement System annuity may elect to have health and long-term care insurance premiums taken from their monthly WRS annuities.
The new manual provides information about the Sick Leave Conversion Program, including that unused sick leave can be utilized as a retirement benefit that allows eligible employees to convert unused sick leave into credits to pay post-termination health insurance premiums.
Under certain circumstances, reciprocity may increase the retirement benefits payable to you if you worked for one or more participating public retirement systems.
ETF has updated the Sick Leave Conversion Program Employer Manual (ET-1170), and has summarized the changes here. Please disregard any previous versions of this manual.