Study of the Wisconsin Retirement System (WRS)
July 3, 2012
The Department of Employee Trust Funds (ETF), the Office of State Employment Relations (OSER) and the Department of Administration (DOA) has released a study of the WRS as required by 2011 Wisconsin Act 32. The act required the study to address:
Given the financial health and risk-sharing features of the WRS, the study recommendation is that neither an optional defined contribution plan nor allowing employees to stop paying WRS contributions should be implemented at this time.
The full text of the study is available online.
Source: UW System Administration
Categories: WI Retirement System (WRS)