HR, Payroll and Benefits News

Wisconsin Retirement System Annual Statement of Benefits
November 26, 2012

If you were covered by the Wisconsin Retirement System (WRS) in 2011, your WRS annual Statement of Benefits is now available online in the My UW System portal (UW-Madison users can access My UW, then click on the Work Record tab). Log in to the portal, go to the "Benefit Information" module, and click on the "Statements" tab. Click on "ETF Annual Statement of Benefits (WRS) Issued 2012" to view and print your Statement. In the "Benefit Information" module, you will also find a link to the WRS Explanation of Statement of Benefits.

You are encouraged to review your Statement. It provides you with information about your individual WRS account as of January 1, 2012. The Statement includes:

• 2011 WRS earnings and creditable service
• Total years of WRS creditable service
• The 2011 effective rate of interest and contributions applied to your account
• Additional contribution information (if applicable)
• Primary beneficiary, if you filed a beneficiary designation since 1982
• Separation benefit and death benefit calculations
• Formula benefit data and money purchase balance information that shows the data used to calculate your retirement benefit
• Your Variable account excess/deficiency as of January 1, 2012 (if you participate in the Variable Fund)

Information to Help You Understand Your WRS Statement of Benefits

• UW Service Center WRS Annual Statement of Benefits webpage
  • Written Explanation of the Statement
  • Video Explanation of the Statement
  • Webinars presented by the Department of Employee Trust Funds - five live, interactive webinars. See ETF's website for dates and times.

Please note that you will not receive a paper copy of the Statement.

If you have questions, please contact your institution's benefits office.

Source: UW System Administration
Categories: WI Retirement System (WRS)