Please note a few reminders for employers: check that you are using the most current form revision, watch for ETF Update meeting invites, and read about changes coming to the ICI Program in 2024.
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.
ETF today announced annuity adjustments for Wisconsin Retirement System retirees. The Core annuity adjustment is 1.6% and the Variable annuity adjustment is -21% (a decrease).
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.
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.