A separation benefit is a one-time lump-sum payment consisting only of employee contributions, additional contributions (if applicable) and accumulated interest.
Learn how your age at retirement may affect when you may retire and the amount of your benefit. Includes information about how your employment category and years of service affects your retirement age.
An annuity is a series of monthly payments payable during the life of the annuitant or during a specific period. There are different types of annuities available called annuity options.
The Comprehensive Annual Financial Report of the Wisconsin Department of Employee Trust Funds for the year ended December 31, 2016 provides comprehensive information about ETF, the Wisconsin Retirement System, and other benefit programs administered by ETF.