Gov. Tony Evers has appointed Tom Merfeld to the SWIB Board of Trustees. Evers has also reappointed Trustees Jeff DeAngelis, public member, and Kristi Palmer, local government member, to six-year terms.
Review changes that will simplify the Income Continuation Insurance Program for state and local employees, effective in 2024. Coverage and benefits also have been expanded to employees aged 70 or older.
ET-4944
Form
Active Employee /
Retiree /
Other Benefit Recipient
It seemed like a normal Friday evening in May. It was a nice way to end a long week. Never would I have thought that during the night things would go from enjoyable to scary.
Some days I think the ideal of dependability is declining in our society. My view is likely skewed because I am in a position in which more than 663,000 individuals are counting on me to safeguard their retirement money. As a result, dependability is often the first thing I think about in the morning and the last thing I think about before bed.
The WRS Retirement Benefit is a pension plan that is intended to provide you with a lifetime retirement payment. It offers a retirement benefit based on a defined contribution plan or a defined benefit plan.
A separation benefit is a one-time lump-sum payment consisting only of employee contributions, additional contributions (if applicable) and accumulated interest.
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.
