Positive investment returns in 2020 was the primary reason for a decrease in rates. For more information about the 2022 rates, the actuarial valuation report and presentation is available in the board meeting materials.
The Employee Trust Funds Board approved WRS contribution rates for 2023. Contribution rates are effective for salaries and wages paid beginning January 1, 2023.
The Employee Trust Funds Board approved WRS contribution rates for 2024. Contribution rates are effective for salaries and wages paid beginning January 1, 2024.
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In February Governor Evers released the 2023-2025 executive state budget, a proposal for how the state should manage expenses for the next two years. The proposed budget contains a few changes that affect the benefit programs administered by ETF.
