ETF has released the Wisconsin Retirement System Annual Comprehensive Financial Report for the year ended December 31, 2021. The WRS paid approximately $6.4 billion in benefits in 2021. The WRS funding ratio calculated in accordance with accounting standards was approximately 106% as of December 31, 2021. Sound funding and plan design principles continue to keep the WRS financially strong.
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.
Learn how your sick leave credits are calculated for Accumulated Sick Leave Credit Conversion (ASLCC) and Supplemental Health Insurance Conversion Credit (SHICC).
The group health insurance program is an employer-sponsored program offering group health coverage to employees of state agencies, UW System, UW Hospital & Clinics Authority and participating local government employers.