The WDC is an optional, supplemental retirement savings plan for all working state and university employees. Local government and school district employees may also use the WDC if their employers offer it.
This WRS Retirement Benefits Calculator is a tool that can give you an unofficial estimate of your benefit as you plan for retirement. Contact ETF for your official estimate and application 6-12 months before you plan to apply for benefits.
WRS retirement benefits are calculated using two methods: the formula method, and the money purchase method. ETF calculates your benefit using both methods and automatically pays you the higher amount. See how each method is calculated and resources for estimating your benefit.
The program offers term life insurance coverage up to 5 times your yearly pay for State of Wisconsin employees and local government employees whose employer offers the plan. An employee may also insure their spouse and dependent children.
Living Benefits are the proceeds of your life insurance coverage under the Wisconsin Public Employers Group Life Insurance program that are paid to you while you are still living rather than to your beneficiaries after your death.
The agency just released the WRS Financial Report 2024, with the Legislative Audit Bureau issuing a “clean” audit opinion on the WRS’s financial statements.
