The GIB has approved changes to the ICI Program that will consolidate the separate standard and supplemental coverage levels into a single coverage level in February 2024.
Effective February 1, 2024, the ICI Program will consolidate its standard and supplemental coverage levels into a single level of coverage for earnings up to $120,000.
The Group Insurance Board has approved changes to the Income Continuation Insurance (ICI) Program that will expand coverage to employees aged 70 and over. This change will go into effect May 1, 2023.
The changes consolidate the separate standard and supplemental coverage levels into a single coverage level. The goal is a simplified program that is easier to understand and administer.
ETF has selected Benefitfocus as the new insurance administration system. Benefitfocus offers a single, cloud-based solution that personalizes the enrollment experience and streamlines benefits administration for more than 239,000 members.
ETF has updated the ICI Program materials for state employers and participants, focused on revision for the consolidation of coverage levels and the new provision regarding UW employees with position in more than one WRS employment category.
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The Wisconsin Deferred Compensation Program (WDC) is a supplemental retirement savings program authorized under Section 457 of the Internal Revenue Code (IRC).
If you become disabled while working for a WRS employer, you may be eligible to receive WRS disability benefits that will give you income for the time you are unable to return to work.
