Nov 26, 2003 5:00pm Report Active Employee / Retiree / Other Benefit Recipient / Board Member / Local Employer / State Employer

WRS Three-Year Experience Study January 1, 2000 - December 31, 2002

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.

Group Life Insurance

The program offers term life insurance coverage up to 5 times an employee's yearly pay for State of Wisconsin employees and local government employees whose employer offers the plan. Employees may also insure their spouses and dependent children.

ET-2311
Form Active Employee / Local Employer / State Employer

COBRA Continuation - Conversion Notice

Under federal law, known as COBRA, you and your qualified beneficiaries may continue group health insurance coverage, if eligible.

Income Continuation Insurance for Employers

ICI is a voluntary “income replacement” benefit payable to an enrolled employee if they become disabled. This program is only
offered to employers already participating in the WRS.

Wisconsin Retirement System for Employers

The WRS is a pension plan that is open to any public employer as defined by Wis. Stat. § 40.02(28). All employers joining the WRS must be covered by Wisconsin’s Section 218 Agreement with the SSA. The WRS is intended to provide a lifetime annuity to members who are vested and have reached minimum retirement age.